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eBay to invest in AI recycling start-up

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Fashion recycling specialist Refiberd is to receive a $300,000 investment after being named eBay’s Circular Fashion Innovator of the Year

Refiberd was named the winner of eBay's Circular Fashion Innovator of the Year award

eBay Ventures, the venture capital arm of secondhand marketplace giant eBay, is to invest $300,000 in recycling technology specialist Refiberd, part of its ongoing effort to support fashion start-ups to scale circular solutions through its global Circular Fashion Fund programme.

Refiberd was recently named the winner of eBay's Circular Fashion Innovator of the Year Award which saw 12 shortlisted businesses across the UK, US, Germany, and Australia rewarded for their work in pioneering a more circular fashion industry.

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