Material Exchange
material-exchange.com
Actively hiring
Corporate Events
Artificial Intelligence
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Overview
News
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$27M
1 round on record
Latest round
$27M
Series A · Apr 2022 · 4 yr ago
Team
11-50
employees, estimated range
Backers
1
Norrsken
The money's age
Long since its last round
53 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Apr 14, 2022
Raised a round Series A $27M · WWD
Oct 19, 2021
Acquisition Material Exchange to acquire Olah Inc agency · Just Style
May 19, 2020
Partnership Material Exchange and Zilingo partner with shared goal · fibre2fashion.com
2018
Founded
Tractionpublic signals, read monthly
Web presence
top 2%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Series A | Apr 2022 | $27M | — | WWD |
Backed byfrom the funds' portfolios and accelerator catalogs
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Overview
Material Exchange is a unique B2B platform that works with leading footwear and apparel brands to digitalize the material sourcing processes. Global restrictions on travel and a shift to digitalization has accelerated the need for digital material data. Material Exchange has a comprehensive library of materials that are required by brands to develop and produce footwear, apparel and accessories.
News
Sustainability-Focused Startup Material Exchange Notches Series A
Swedish SaaS startup Material Exchange, which connects fabric suppliers with buyers, has raised €25 million ($27 million) in a Series A funding round.
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Material Exchange secures EUR25m for sustainable material sourcing
Material Exchange has raised EUR25m (US$27.08) to bolster its work in driving sustainable business practices for the fashion industry.
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Material Exchange, Natural Fiber Welding Raise Capital for Expansion
Material Exchange said it has raised 25 million euros ($27.18 million) in Series A funding to power the growth of its product suite.
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Material Exchange to acquire Olah Inc agency
Material Exchange is to acquire the agency division of Olah Inc to support digital transformation in the material sourcing process.
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Material Exchange Acquires Agency Portion of Kingpins Parent Olah Inc.
Virtual marketplace Material Exchange announced it will acquire the agency portion of denim consultancy and events businessOlah Inc.
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Stockholm
Sweden
HQ
10-50 est. staff
Financials
Total raised
$27M
Latest round
Series A
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Series A | 2022 | $27M | Details |