Material Exchange

press release

Press release - Material Exchange Raises €25 Million to Lead Sustainable Material Sourcing

Material Exchange Raises €25 Million to Lead Sustainable Material Sourcing

Today, Material Exchange is announcing it has raised €25 million in Series A funding. Material Exchange is a B2B SaaS-enabled marketplace for the apparel and footwear industry which is digitizing the material sourcing process and replacing the complex, fragmented relationships that exist between brands and suppliers—with the goal of driving sustainability and efficiency across the $2tn fashion supply chain.

How ocean-bound plastic can be repurposed to make watchstraps

Material Exchange at the 2021 Sustainability Summit

What do watchstrap maker Thomas Schori in Switzerland, watch designer Greg Verras in Detroit, and scientist-turned-plastic-salvager Dr. Michel Pardos in Thailand have in common? Find out in a recap of our Chief Sustainability Officer Kelly Burton’s presentation at last week’s Sustainability Summit hosted by Fashiondex and LIM College. Salvaging plastic has never been this exciting.

Material Exchange Acquires Olah Inc. Agency to Benefit Industry Transformation

Sweden, Oct 14, 2021. Today Material Exchange is announcing it has reached an agreement to acquire the agency division of Olah Inc., a multi-faceted New York-based firm focusing on the denim and sportswear industries, to support digital transformation in the material sourcing process. This decision expands their innovative digital platform beyond global digital sourcing into expert services.