Material Exchange

About us

The team behind Frank has built and scaled supply chain platforms across fashion, footwear and materials, including the founding team of the original Material Exchange platform.

About us

The team behind Frank has built and scaled supply chain platforms across fashion, footwear and materials, including the founding team of the original Material Exchange platform.

Our team

We’re a global team of 20+ experts focused on footwear and apparel with backgrounds in sustainability, material sourcing, technology, and more. Our team is growing and currently spread across seven countries: Sweden, USA, Serbia, India, China, and the UK, plus additional remote locations.

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Darren Glenister

Chief Executive Officer

Dora Lality

Chief Legal Officer

Mher Sargsyan

Head of Engineering

Where to find us

Head office

Material Exchange Venture AB
Elgerudsvägen 7
144 63 RÖNNINGE

Additional office locations

New York, US​
London, UK
Subotica, Serbia
Dongguan, China​

Investors who make a difference

In late 2020, we completed an investment round of €6 million led by Norrsken VC to help us grow and achieve our long-term goals. In Q1 2022, we closed a €25 million round of funding led by world-class investor Molten Ventures along with the continued support of previous seed investors including Partech, Norrsken, Inventure, Day One Capital, and Lyra.