Snippet from BAN Company Spotlight: Reverse Resources
Check out this snippet from our Company Spotlight with Reverse Resources earlier this year. 80% of industrial garment production waste gets mixed up in production, losing its value at the source. Waste collectors manually sort and forward the waste to next parties, which then go through 4-5 traders before reaching recyclers. They end up spending more than 30% extra for sourcing the waste with their exact requirements and lab testing.
Reverse Resources is a SaaS platform that maps, matches, and traces waste from textile factories to recycling to help fashion brands achieve full circularity by 2030. It is a central platform for brands, recyclers, waste handlers, and textile manufacturers offering win-win business incentives around improved waste circulation.
Hear from Ann Runnel, Founder & CEO of Reverse Resources on how the platform offers a solution to managing textile waste better and from Erik Bang, Innovation Lead at H&M Foundation, on the case for Reverse Resources.
BAN members have full access to the recorded sessions of the digital learning sessions and company spotlights held every weekend. To learn more, please go to www.bdangels.co and leave your details under “Join us" or shoot us an email at hello@bdangels.co.
Check out snippets from previous Company Spotlights and Angel Investor Clinics (AICs).