STOCKHOLM – Climate tech company eComID, which is working to help the fashion industry reduce online product returns and shrink its environmental footprint, has raised €2.75 million in pre-seed funding which it will use to advance its AI-powered platform.
The funding was led by CapitalT with follow-on investment from H&M Group Ventures, the investment arm of retail giant H&M, and other strategic angel investors.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
