PEELSPHERE, a company specializing in 100% biodegradable leather alternatives, has secured several million in angel funding from Plug and Play China and Kering Group to further its innovative sustainable materials initiatives.
Target Information
PEELSPHERE is a pioneering company focused on creating 100% biodegradable leather alternatives. Founded by Song Youyang, a textile designer based in Berlin, PEELSPHERE utilizes advanced material engineering techniques to transform fruit waste and algae into a sustainable and aesthetically pleasing textile. This innovative material not only acts as a substitute for both genuine and synthetic leather but also boasts durability and versatility.
The team's commitment to sustainable practices is evident in their approach to material development, emphasizing the regeneration potential of plant resources. PEELSPHERE aims to provide a comprehensive material platform for designers and brands, promoting low-carbon solutions that harmoniously integrate design and sustainability.
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Industry Overview
The sustainable materials market in China is witnessing significant growth, particularly within the fashion industry. As consumer awareness of environmental impact increases, there is a growing demand for eco-frie
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invested in
PEELSPHERE
in 2021
in a Seed Stage deal