All Material Exchange articles
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News briefsMaterial Exchange creates global “Deadstock Depot”
Material Exchange, a digital sourcing platform with its head office in Stockholm, has launched a “Deadstock Depot” service to reduce the amount of excess materials that goes to landfill or incineration. Fabrics that deteriorate in warehouses will now be available globally for brands to use. Material Exchange will market ...
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News briefsMaterial Exchange raises €25 million in Series A funding
The international virtual marketplace Material Exchange has raised €25 million in Series A funding. Material Exchange is a B2B SaaS-enabled marketplace for the apparel and footwear industry connecting brands with material suppliers across the globe. The company works out software to digitize the material sourcing process and replace the complex ...
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News briefsMaterial Exchange closes €5m funding round to accelerate growth
Material Exchange, the Swedish online platform for the procurement of materials, raised €5 million in a funding round as it seeks to accelerate its growth plans after the “business exploded” during the Covid-19 pandemic. “The Covid-19 pandemic has accelerated the digitalization of the industry by at least five years,” said ...
