Digital material platform helping brands and manufacturers find the right materials and connect with the right suppliers.
Location: Sweden, Stockholm
Employees: 51-200
Total raised: $35.15M
Founded date: 2017
Investors 5
| Date | Name | Website |
| 08.11.2022 | Unreasonab... | unreasonab... |
| - | Inventure | inventure.... |
| 03.04.2024 | Molten Ven... | moltenvent... |
| - | Norrsken V... | norrsken.v... |
| 27.11.2020 | Partech Pa... | partechpar... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 13.04.2022 | Series A | $27.17M | - |
| 01.12.2020 | - | $5.98M | Inventure |
| 19.11.2019 | Seed | $2M | - |
Mentions in press and media 11
| Date | Title | Description |
| 14.08.2023 | Startup Showcase: Material Exchange – Unleashing Material Innovation | Welcome to the future of material sourcing and collaboration – Material Exchange. Immerse yourself in the narrative of a startup that dares to reimagine the conventional process of material selection and bring it into the digital age, makin... |
| 15.11.2022 | Material Exchange Acquires Italian Textile Company Studio M.V. | Material Exchange's CEO Darren Glenister seals the deal with Studio M.V.'s founder Matteo Vallarsa. Material Exchange expands as it acquires Studio M.V., an esteemed company specialized in the full textile process from selecting fabrics to ... |
| 13.04.2022 | Material Exchange Raises €25M In Series A Funding | Material Exchange, a Stockholm, Sweden-based provider of a a B2B SaaS-enabled marketplace, raised €25M in Series A funding. The round was led by Molten Ventures, with participation from Partech, Inventure, Norrsken, Lyra, and Day One Capita... |
| 12.04.2022 | Material Exchange plants €25 million underfoot | Stockholm-based €25 million has raised €25 million in a Series A round. As the name implies, Material Exchange is a virtual marketplace designed to simplify the relationship between footwear and apparel brands and material suppliers. The ne... |
| 08.03.2021 | The start-ups driving Circular Fashion in Europe | Paris-based sustainable fashion company Vestiaire Collective just announced to have reached unicorn status in its new €178 million round, making it the latest European start-up to join the exclusive club. The second-hand fashion marketplace... |
| 27.11.2020 | Fashiontech startup Material Exchange lands €5M | Norrsken VC and Partech Partners have led a €5 million investment in Sweden-based Material Exchange. The startup's platform analyzes, optimizes and digitizes material sourcing for clothing and footwear brands to reduce the need for physical... |
| 26.11.2020 | This Swedish fashion tech startup raises €5M to fund its pandemic-driven growth & scale rapidly | Material Exchange is a Swedish fashion tech startup that claims to deliver the world’s most comprehensive digital material management solution. According to the company, it works directly with the leading retail apparel and footwear brands ... |
| 26.11.2020 | Swedish fashiontech startup Material Exchange lands €5 million to boost its digital material management solution | A Swedish fashiontech startup, Material Exchange, which acts as a comprehensive digital material management solution, today announced the closing of a €5 million funding round to accelerate its growth plans. Material Exchange is one of the ... |
| 19.11.2019 | Swedish startup Material Exchange raises $2 million seed to digitally transform the fashion supply chain | Material Exchange Ventures, a Stockholm-based startup and creator of an eponymous sustainable fashion platform, has raised a $2 million seed round led by Inventure. The investment will be used to open a sales and technical support hub in ma... |
| - | Material Exchange plants €25 million underfoot | Stockholm-based €25 million has raised €25 million in a Series A round. As the name implies, Material Exchange is a virtual marketplace designed to simplify the relationship between footwear and apparel brands and material suppliers. The ne... |
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