eBay invests $300k in Refiberd to drive circular fashion solutions
eBay Ventures has awarded Refiberd a $300,000 investment as the winner of eBay's Circular Fashion Innovator of the Year Award. Refiberd's AI system can identify fabric compositions for accurate sorting and recycling, enabling efficient textile-to-textile recycling processes.
The investment is part of eBay's global Circular Fashion Fund, which will provide $1.2 million in total investments by the end of 2025 to support fashion startups focused on circular solutions. The fund partners with major fashion councils including BFC, CFDA, FCG, and AFC to provide mentoring and industry access.
Other country finalists receiving grants of $50,000 include:
- SOJO (UK) - Door-to-door clothing repair service
- MOOT (Germany) - Upcycling solutions for brands
- Shopfront (Australia) - AI-powered fashion resale platform
eBay Ventures ha premiato Refiberd con un investimento di 300.000 dollari come vincitore del premio eBay per l'Innovatore dell'Anno nella Moda Circolare. Il sistema AI di Refiberd è in grado di identificare le composizioni dei tessuti per una corretta classificazione e riciclo, consentendo processi di riciclo tessile efficiente.
L'investimento fa parte del Fondo per la Moda Circolare di eBay, che prevede di fornire 1,2 milioni di dollari in investimenti totali entro la fine del 2025 per supportare le startup della moda focalizzate su soluzioni circolari. Il fondo collabora con importanti consigli di moda tra cui BFC, CFDA, FCG e AFC per offrire mentoring e accesso all'industria.
Altri finalisti nazionali che ricevono sovvenzioni di 50.000 dollari includono:
- SOJO (Regno Unito) - Servizio di riparazione di abbigliamento porta a porta
- MOOT (Germania) - Soluzioni di upcycling per i brand
- Shopfront (Australia) - Piattaforma di rivendita di moda alimentata da AI
eBay Ventures ha otorgado a Refiberd una inversión de 300,000 dólares como ganador del Premio eBay al Innovador del Año en Moda Circular. El sistema de IA de Refiberd puede identificar las composiciones de los tejidos para una clasificación y reciclaje precisos, lo que permite procesos de reciclaje textil a textil eficientes.
La inversión es parte del Fondo de Moda Circular de eBay, que proporcionará un total de 1.2 millones de dólares en inversiones para finales de 2025 para apoyar a las startups de moda centradas en soluciones circulares. El fondo se asocia con importantes consejos de moda, incluidos BFC, CFDA, FCG y AFC, para ofrecer mentoría y acceso a la industria.
Otros finalistas nacionales que reciben subvenciones de 50,000 dólares incluyen:
- SOJO (Reino Unido) - Servicio de reparación de ropa a domicilio
- MOOT (Alemania) - Soluciones de upcycling para marcas
- Shopfront (Australia) - Plataforma de reventa de moda impulsada por IA
eBay Ventures는 Refiberd에게 30만 달러의 투자를 수여했습니다. 이는 eBay의 올해의 순환 패션 혁신가 상의 수상자로 선정된 것입니다. Refiberd의 AI 시스템은 정확한 분류 및 재활용을 위해 섬유 조성을 식별할 수 있으며, 효율적인 섬유-섬유 재활용 프로세스를 가능하게 합니다.
이 투자는 eBay의 글로벌 순환 패션 기금의 일환으로, 2025년 말까지 총 120만 달러의 투자를 지원하여 순환 솔루션에 중점을 둔 패션 스타트업을 지원할 것입니다. 이 기금은 BFC, CFDA, FCG 및 AFC와 같은 주요 패션 협회와 협력하여 멘토링 및 산업 접근을 제공합니다.
50,000달러의 보조금을 받는 다른 국가의 결선 진출자는 다음과 같습니다:
- SOJO (영국) - 방문 의류 수선 서비스
- MOOT (독일) - 브랜드를 위한 업사이클링 솔루션
- Shopfront (호주) - AI 기반의 패션 재판매 플랫폼
eBay Ventures a accordé à Refiberd un investissement de 300 000 dollars en tant que gagnant du prix eBay de l'Innovateur de l'Année dans la Mode Circulaire. Le système d'IA de Refiberd peut identifier les compositions de tissus pour un tri et un recyclage précis, permettant ainsi des processus de recyclage textile à textile efficaces.
L'investissement fait partie du Fonds de Mode Circulaire d'eBay, qui fournira un total de 1,2 million de dollars d'investissements d'ici la fin 2025 pour soutenir les startups de mode axées sur des solutions circulaires. Le fonds s'associe à d'importants conseils de mode tels que BFC, CFDA, FCG et AFC pour offrir du mentorat et un accès à l'industrie.
D'autres finalistes nationaux recevant des subventions de 50 000 dollars incluent :
- SOJO (Royaume-Uni) - Service de réparation de vêtements à domicile
- MOOT (Allemagne) - Solutions de surcyclage pour les marques
- Shopfront (Australie) - Plateforme de revente de mode alimentée par l'IA
eBay Ventures hat Refiberd eine Investition von 300.000 Dollar als Gewinner des eBay-Preises für den Innovator des Jahres in der Kreislaufmode gewährt. Das KI-System von Refiberd kann Stoffzusammensetzungen identifizieren, um eine präzise Sortierung und Recycling zu ermöglichen, was effiziente textile Recyclingprozesse ermöglicht.
Die Investition ist Teil des globalen Kreislaufmodefonds von eBay, der bis Ende 2025 insgesamt 1,2 Millionen Dollar an Investitionen bereitstellen wird, um Mode-Startups zu unterstützen, die sich auf kreislaufwirtschaftliche Lösungen konzentrieren. Der Fonds arbeitet mit wichtigen Modeverbänden wie BFC, CFDA, FCG und AFC zusammen, um Mentoring und Zugang zur Branche zu bieten.
Weitere nationale Finalisten, die Zuschüsse von 50.000 Dollar erhalten, sind:
- SOJO (Vereinigtes Königreich) - Tür-zu-Tür-Bekleidungsreparaturdienst
- MOOT (Deutschland) - Upcycling-Lösungen für Marken
- Shopfront (Australien) - KI-gestützte Mode-Resale-Plattform
- Investment in innovative recycling technology aligns with growing circular fashion trend
- Partnership with major fashion councils (BFC, CFDA, FCG, AFC) enhances industry reach
- Strategic expansion into sustainable fashion technology through venture capital arm
- None.
- eBay Ventures, eBay's venture capital arm, has awarded US business Refiberd
USD investment crowning them eBay's Circular Fashion Innovator of the Year.$300,000 - By the end of 2025, eBay will have provided a global investment of
$1.2 million - The fund sees eBay partner with the fashion industry's foremost councils—British Fashion Council (BFC), Council of Fashion Designers of America (CFDA), Fashion Council Germany (FCG) and Australia Fashion Council (AFC)—giving recipients access and visibility to propel growth.
Refiberd was announced the winner of eBay's Circular Fashion Innovator of the Year Award which saw 12 shortlisted businesses across the
This funding is aimed to scale the impact of Refiberd's cutting-edge AI system that can discern exactly what different fabrics are made of, allowing them to be accurately sorted and recycled. Their technology can be integrated into existing recycling infrastructures to sort materials and ensure they're processed using the right methods—helping recyclers turn textile waste into new, usable fibers. By enabling more efficient recycling, Refiberd aims to tackle the industry's waste-sorting dilemma and drive true circularity in fashion.
Since the Circular Fashion Fund's launch in 2022, it has supported 27 businesses and by the end of 2025 will have invested a total of
eBay has championed recommerce since its inception and the fund is one of the many ways it continues to invest in tools and technology that fuel the circular economy and help drive the fashion industry to a more sustainable future. As appetite for circular fashion continues to increase, with
Sarika Bajaj, co-founder and CEO of Refiberd and Circular Fashion Innovator of the Year, said: "We're honored to win eBay's first Circular Fashion Innovator of the Year Award. The investment from eBay Ventures will help us close a significant round of fundraising for the business, allowing us to expand our technology to new recycling partners, strengthen our AI capabilities, and move faster toward our mission of enabling true textile-to-textile recycling. The journey for a startup is tough, so having the mentorship and access to eBay and the CFDA's networks has already proven invaluable. With this added support we can accelerate our impact and help build a future where circular fashion is the norm—not the exception."
"As the pioneering secondary marketplace, eBay has been driving circularity in fashion since its inception 30 years ago," said Alexis Hoopes, VP Global Head of Fashion at eBay. "It's a critical time for the fashion industry, and eBay's Circular Fashion Fund—and the eBay platform at-large—are propelling the industry forward, enabling innovative ideas to help shape brand and consumer behaviors."
How it works:
Country finalists included SOJO in the
The winners were chosen by a judging panel of industry experts across fashion, academia, and sustainability.
Each of the four country finalists went on to a judging process with eBay's venture capital arm, eBay Ventures, which saw Refiberd crowned as the overall Circular Fashion Innovator of the Year winning the
* eBay 2023 Recommerce Report
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in
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SOURCE eBay Inc.
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