For immediate release

Spin Ventures Expands its Portfolio with Strategic Investments in Circular and Regenerative Value Chains for the Clothing and Apparel Industry

London, October 10, 2024 – Spin Ventures is proud to announce its latest investments in Q3, supporting forward-thinking companies that are leading the shift to circular and regenerative value chains in the clothing and apparel sector. The new additions to our portfolio include Andrea Gori’s illuminem (www.illuminem.com), Benjamin Droguet’s Sparxell (www.sparxell.com), Marci Zaroff’s ECOfashion Corp (www.ecofashioncorp.com), Layla Sargent’s The Seam (www.theseam.uk), and Revital Nadiv Zivan and Viktoria Kanar’s Re-Fresh Global (www.re-fresh.global).

The global clothing and apparel industry, valued at $2.5 trillion, is responsible for nearly 10% of global greenhouse gas and CO2 emissions. Through our latest investments, Spin Ventures aims to address these environmental challenges by empowering companies that offer positive, tangible, and measurable solutions. Our new partners are at the forefront of driving operational efficiency, generating incremental revenues, and enhancing profitability by enabling circular supply and value chains.

“Our commitment is to accelerate the transition to a circular economy in the consumer sector, and these pioneering companies exemplify the innovations needed to make this transformation possible,” said Nic Gorini, General Partner at Spin Ventures. “By investing in technologies and business models that facilitate closed-loop systems and regenerative practices, we’re supporting our partners in capturing the financial, operational, and regulatory advantages of circularity.”

The integration of circular principles not only helps companies meet key regulatory requirements such as the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), and Extended Producer Responsibility (EPR), but also enables them to transform their business models to achieve long-term sustainability and growth.

Spin Ventures invites corporations, investors, and industry leaders to join us in this mission to reshape the future of the clothing and apparel industry. Together, we can unlock the financial and environmental benefits of circular and regenerative value chains and accelerate the shift towards a more sustainable global economy.

As we like to say at Spin Ventures, it’s time “to spin the world” towards a brighter, circular future.

For more information, please contact us at [email protected] or visit our website at www.spin.vc.

Thank you.

it’s the last day of the year: a good time to wrap up on a fantastic 2023 and prepare for an even more exciting 2024 as we venture and adventure to decarbonise the Consumer and Retail Sector accelerating the transition to a Circular Economy (or as we say “to spin the world”).

The excitement is real.
We find ourselves in an incredibly exciting time where the momentum from Climate Activism has seamlessly transitioned into concrete Climate Actions. The heightened awareness of climate challenges and the escalating demand for sustainable solutions have fueled the rapid emergence of innovative players. In Europe alone, Climate Tech investments have surged tenfold in the last five years, producing a remarkable 27 unicorns—double the growth of Fintech. Anticipating new legislations from January 2024, we project a sustained double-digit sector growth over the next six years. The Global Commission on the Economy and Climate concluded that transitioning to a low-carbon, sustainable growth path could deliver a direct economic windfall of $26 trillion and create over 65 million new jobs by 2030 .

Do good + Do well.
A recent revelation at the most exciting Barclays event in London by the Unreasonable CEO (387 companies headquartered in 53 countries, mitigating 91,691,413 metric tons of greenhouse gas emissions and impacting the lives of more than 1,434,396,802 people) showcased a surprising trend. Impact-driven businesses (innovative tangible, positive, measurable and profitable solutions to societal and climate challenges), a breed of entrepreneurs that Mathias Boissonot aptly terms “Phoenixes,” are not only making a positive impact but also outperforming their peers. Analysis of the 387 ventures in the past eight years reveals that the majority of these ventures exhibit higher EBITDA and faster growth rates. It’s a testament to the fact that doing good can go hand-in-hand with doing well.

Radical Transformation.
We have had the opportunity to share our vision with leading investors, entrepreneurs, policy makers and corporate leaders responsible for over a $1 TN GDP at Shell, Stellantis, H&M, LVMH, Kering, Luxottica, Samsung, Veolia, VISA, panelling at the World Circular Economy Forum with Mixi, at the British Embassy in Helsinki before the opening of the most exciting SLUSH, throughout the year across the most action oriented communities including The BMW Foundation, The Conduit, Top Tier Impact, Investors for Climate, 4Ward.vc, Concave Summit amongst others: everyone is in agreement – we are just about to witness one of the most radical and fast transformation of entire industries. be ready.

Leveraging AI & Technology at scale for greater impact.
We are thrilled to see a growing number of startups launching solutions globally across different verticals:
-AI optimised supply & reverse value chains
– Transparent Traceability solutions and Digital Product Pass-porting Integrations
– New Bio and Regenerative Materials
– Re Commerce Platforms to Rent, Re-New, Re-Use, Re-Sell, Re-Purpose, and Recycle products
– New reverse vending machine and logistic solutions to meet DRS and EPR obligations
– Additive, AI enabled, and Distributed Manufacturing solutions to centralise collection, recycling, and manufacturing of digital products to minimise logistics and manufacturing efforts.

Enthusiasm.
While global conflicts impact individuals, families, villages, and entire economies, it’s heartening to witness inspiring entrepreneurs not just growing but flourishing with a smile. To these humble heroes changing the world for the better—congratulations. You are not only accelerating the radical transformation of entire sectors but also inspiring a new generation of future climate heroes.

Thank you.
In a world of 8 billion unique perspectives, our journey has introduced us to a multitude of incredible individuals. I extend my heartfelt thanks for an amazing 2023, and I eagerly look forward to a 2024 filled with ventures and adventures.

Thank you to our family, our friends, our partners in ventures and adventures, everyone partnering with us on this incredible journey, and everyone we’re meeting every day.

FOR IMMEDIATE RELEASE

Spin Ventures & One Ocean Foundation launch Ocean Street.

One Ocean Foundation and Spin Ventures Partner to Promote Reclamation and Reuse of Ocean Plastic for Sustainable Urban Architecture

London, UK – One Ocean Foundation and Spin Ventures are proud to announce a strategic partnership to promote the reclamation and reuse of ocean-bound plastic and abandoned fishing nets as regenerative materials for urban architecture in more sustainable cities across the world.

This groundbreaking partnership brings together One Ocean Foundation, a non-profit organization dedicated to protecting and restoring the ocean, and Spin Ventures, an ecosystem of companies on a mission to accelerate circularity in the consumer sector. Together, they will work with portfolio companies SUPERNOVAS, Waste or Wonder, and Wasted APP and others to design, develop and implement innovative solutions for reducing ocean plastic pollution and creating more sustainable urban environments.

According to a report by the World Economic Forum, there will be more plastic in the ocean than fish by 2050 if current trends continue. The use of ocean-bound plastic and abandoned fishing nets as regenerative materials for urban architecture represents a significant opportunity to reduce ocean plastic pollution and create more sustainable cities.

The partnership is also expected to have a significant economic and financial impact. According to a study by McKinsey & Company, the circular economy, which promotes the reuse and recycling of materials, could add $1 trillion to the global economy by 2025. The use of ocean-bound plastic and abandoned fishing nets as regenerative materials for urban architecture is a key aspect of the circular economy and could contribute to this growth.

As the first tangible, positive, measurable result of this partnership, One Ocean Foundation and SUPERNOVAS have joined forces to launch the “Ocean Street” in Milan. The initiative involves the transformation of 2,400 kilograms of abandoned and reclaimed fishing nets from the northern sea into 80 3D printed flower pots that have been laid in one of the world’s most fashionable districts: Via Gesu in Milan. This is the first street in the world to use 3D printing technology and regenerative materials in this way and serves as an inspiring example of the positive impact that can be achieved through innovative technology and concrete actions towards a more sustainable planet.

Nic Gorini, Managing Partner of Spin Ventures, commented: “We are humbled and inspired to have met such an inspiring group of individuals who have given all the inhabitants of Via Gesu, the fashion district, the cities of Milan and Italy as a whole, the opportunity to speak with action and lead by example in the ever-most important journey to a more sustainable planet. If ten cities, in ten nation, were to repeat this for tens of their streets…we would have removed a little percentage of the plastic in the ocean.”

The One Ocean Foundation and Spin Ventures partnership represents a significant step forward in the fight against ocean plastic pollution and the creation of more sustainable cities. We invite you to reach out to Nic Gorini for more information and to learn more about the “Ocean Street Initiative” in Milan. Together, we can create a more sustainable future for our oceans and our cities.