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Re-Fresh Global Secures $1,235,000 in Pre-Seed Funding Round to Revolutionize the Textile Industry

Re-Fresh Global Secures $1,235,000 in Pre-Seed Funding Round to Revolutionize the Textile Industry

July 19, 2023

Tel Aviv, Israel – Re-Fresh Global, a pioneering textile manufacturing company that transforms textile waste into new raw materials, has successfully raised $1,235,000 in a Pre-Seed funding round. The investment was led by prominent venture capital firms SOSV, Earlybird Venture Capital, and Serpentine Ventures.

Founded in 2019 by visionary entrepreneurs Viktoria Kanar and Revital Nadiv Zivan, Re-Fresh Global is on a mission to tackle the pressing global issue of textile waste that affects industries, governments, and the social sector. Utilizing cutting-edge technology and innovative techniques, the company has developed a transformative solution and three groundbreaking products aimed at reshaping the linear textile industry's trajectory.

Headquartered in Tel Aviv, Israel, Re-Fresh Global boasts a team of world-class designers, scientists, and business innovators, with a collective vision to address one of the most significant environmental challenges of our time - textile waste. With bases already established in Europe, the company is also gearing up to expand its operations to the United States in the near future.

"Securing this Pre-Seed funding is a significant milestone for Re-Fresh Global and a testament to the immense potential our technology holds to revolutionize the textile industry," said Revital Nadiv Zivan, Co-Founder of Re-Fresh Global. "We are grateful for the trust and support of our esteemed investors, SOSV, Earlybird Venture Capital, and Serpentine Ventures. This capital infusion will play a pivotal role in accelerating our research, product development, and market expansion efforts."

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