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SAN FRANCISCO - Higg, the technology partner of the Sustainable Apparel Coalition (SAC), has announced that it has completed a US$50 million Series B funding round.

The company says it will use the investment to accelerate the development of its products and expand into new consumer goods categories such as outdoor, automotive, toys and home goods.

The funding round was co-led by technology growth investor Silversmith Capital Partners and Tom Steyer and Katie Hall's Galvanize Climate Solutions, along with participation by Series A partners Titan Grove and Buckhill Capital.

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