ESG Today writes that California-based unspun is a startup that provides a 3D weaving technology that eliminates waste and emissions, enabling circular production in the sector, at the same time. Furthermore, this solution lowers the costs associated with production, bringing multiple wins to an industry that is otherwise under serious pressure to reduce its impact on the planet.
The technology in question is called Vega and according to the experts at unspun, it allows companies to manufacture clothing items faster, while cutting emissions by 53%, power usage by 49% and also 39% for water utilization.
Manufacturing fashion items implies that some of the yarn is being wasted in the process, due to imperfections, but compared to the industry average's 15% loss in fibers, unspun only loses 3%.
Walden Lam, CEO of unspun said that "overproduction has long been a taboo in fashion. It is now recognized by top-tier climate-funds as a key issue to urgently solve for the industry. We are... excited to be partnering with DCVC, Lowercarbon, SOSV climate, Decathlon and many commercial partners to urgently scale Vega to localize apparel manufacturing across North America and Europe."
The company already signed multi-year agreements with industry players such as Walmart to implement the Vega production machines at facilities in North America, as well as Europe. The 32 million round will enable the company to build more machines that can be deployed to even more retailers.
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