Material Exchange
Sourcing made simple
Sourcing made simple
Material Exchange, founded in 2017 and headquartered in Sweden, is a company that is revolutionizing the fashion industry's sourcing process with its slogan "Sourcing made simple." This innovative platform facilitates efficient collaboration between brands and suppliers, streamlining the search for high-quality materials essential for creating outstanding collections. Recently, the company secured a substantial €25.00M Series A investment on 12 April 2022, backed by a consortium of prominent investors including Day One Capital, Lyra Ventures, Molten Ventures, Norrsken VC, Inventure, and Partech. With its focus on Supply Chain solutions, Material Exchange is poised for impressive growth and continued success in transforming the fashion industry's sourcing landscape. For a firsthand experience of its impact, interested parties are encouraged to explore the company's offerings on its website.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | €25.00M | 6 |
|
12 Apr 2022 |
| Venture Round | €5.00M | 4 |
|
26 Nov 2020 |
| Seed Round | $2.00M | 1 |
|
19 Nov 2019 |
| Pre Seed Round | $150.00K | - | 30 Mar 2018 | |
| Pre Seed Round | $50.00K | - | 01 May 2017 |
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