Danish fashion house Bestseller has made a sustainability investment in US-based Ambercycle. Bestseller made an investment of $21.6 million during Ambercycle’s recent funding round. Camilla Skjønning Jørgensen, Sustainable Materials & Innovation Manage, Bestseller says, Ambercycle aims to transform worn-out clothing into a resource with the greatest possible value. Additionally, it specializes in recycling polyester, which is usually dependent on crude oil. By focusing on this integral systemic shift, Ambercycle has proven to be an interesting investment case and business partner for Bestseller

During 2021, Bestseller’s investment arm for sustainable fashion, Invest FWD, made investments in four innovative companies. Firstly an announcement of the Finnish innovator Infinited Fiber Company followed by further investments in Circular Systems, Nature Coatings and Evrnu - all three based in the USA. The latest addition, Ambercycle has developed a pioneering process for used polyester textiles that separates and purifies post-consumer textile waste at the molecular level to produce regenerated materials that can be crafted into new garments.