Shark Tank India contestant Canvaloop raises $1.5M for biobased fibers
In India, biomaterials firm and Shark Tank India alumni Canvaloop has raised $1.5 million to scale production of its biobased fiber and accelerate commercial adoption. The company’s process converts agricultural waste into textile-grade fibers. Such fibers are highly coveted by the global fashion and textile industries, which have faced criticism for their negative environmental impacts. Gujarat […]
