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Rodinia
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- 1Danish startup Rodinia raises $4.5M to cut EU clothing costs▼Danish startup Rodinia raises $4.5M to make EU clothes as cheap as Asia
Danish startup Rodinia has raised $4.5 million in funding to develop technology aimed at making clothing manufacturing in Europe as cheap as production in Asia. The round, reported by startup data platform Dealroom, positions the company to tackle one of the biggest barriers to reshoring European textile production: cost. Investors are betting that automation and local supply chains can close the price gap with Asian factories.
- 2FashionTech startup Rodinia Generation raises €4 million to cut water use●FashionTech startup Rodinia Generation aims to save 100 billion litres of water annually, secures €4 million
FashionTech startup Rodinia Generation has secured €4 million in funding as it works toward a goal of saving 100 billion litres of water annually. The company develops technology aimed at reducing the enormous water footprint of the fashion industry, one of the most resource-intensive sectors globally. The investment will support its mission to make clothing production far less water-dependent.