unspun
Overview
Unspun is a fashion-tech company founded in 2015, headquartered in San Francisco, California. The company is recognized for pioneering 3D weaving technology aimed at creating custom-fit denim and reducing global carbon emissions by 1%. The company was founded by Beth Esponnette, Walden Lam, and Kevin Martin. Unspun has raised a total of $59.6 million in funding and has attracted investment from multiple sources, including DCVC and Decathlon. The company operates primarily in the United States and Hong Kong.
Recent Developments
- In October 2024, Unspun announced a pilot project with Walmart to explore 3D weaving for workwear-style pants under a Walmart house brand. This partnership aims to reduce garment production's environmental impact and boost local manufacturing in the U.S.
- Decathlon Pulse partnered with Unspun in August 2024 for a multi-year agreement to expand Unspun's 3D weaving technology across Europe, focusing on low-waste and low-inventory production.
- In July 2024, Unspun completed a Series B funding round, raising $32 million to further expand its manufacturing capabilities.
- In March 2024, Unspun was listed as one of America's Top Greentech Companies by TIME Magazine for its innovative approach to sustainable fashion.
- Earlier in January 2024, Unspun's technology was showcased during the Consumer Electronics Show (CES) for its potential to revolutionize garment manufacturing.
- Unspun has been actively expanding its partnerships, notably with Decathlon and other apparel brands, to further its mission of localized and sustainable garment production.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2015 |
| Headquarters | San Francisco, California, USA |
| Founders | Beth Esponnette, Walden Lam, Kevin Martin |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | DCVC, Decathlon, Deep Checks, E12 Venture Capital, Evolution VC |
| Industry | Apparel |
| Number of Employees | Approximately 46 |
Early History
Unspun was founded in 2015 by Elizabeth Esponnette, Walden Lam, and Kevin Martin. The company's inception was driven by a commitment to sustainable fashion and reducing carbon emissions. Unspun quickly gained recognition for its innovative approach in the fashion industry by introducing 3D weaving technology. This technology aimed to eliminate the traditional fashion supply chain's inefficiencies and waste, offering a more sustainable alternative. The company's focus on on-demand apparel production began with tailored denim, using digital fit and manufacturing technology to eliminate unnecessary inventory and reduce environmental impact. Over time, Unspun's vision for a sustainable fashion future has resonated with investors and partners, helping it expand its reach and impact in the industry significantly.
Company Profile and Achievements
Unspun's business model centers around its proprietary Vega™ 3D weaving technology, which directly transforms yarn into completed apparel without the conventional waste associated with cutting and stitching. This process not only streamlines production but also supports Unspun's sustainability goals. Key achievements include:
- Innovation in 3D Weaving: Unspun developed the world's first 3D weaving technology for apparel, emphasizing zero-waste production and circular reuse.
- Partnerships and Collaborations: The company has partnered with major retailers like Walmart and Decathlon to introduce its innovative manufacturing processes on a larger scale.
- Recognition and Awards: Recognized by TIME and Newsweek for its contributions to sustainable tech and climate change innovation.
- Strategic Expansion: Successfully raised over $59.6 million to expand its technological capabilities and setup microfactories aimed at localized production.
- Commitment to Sustainability: Achieved B Corp certification with an overall B Impact score of 80.1, demonstrating a commitment to environmental and social responsibility.
Current Operations and Market Position
Unspun operates microfactories in the United States and Hong Kong, employing its 3D weaving technology to produce apparel in a sustainable, low-waste manner. Its collaboration with major retail giants like Walmart signifies a strategic move to bring its innovative technology to mainstream fashion manufacturing. Unspun's market position as a leader in sustainable fashion technology is bolstered by its continuous innovation, strategic partnerships, and commitment to reducing carbon emissions. The company aims to integrate more localized and transparent production practices, aligning with broader environmental goals and consumer demand for sustainable products.
Conclusion
Unspun has established itself as a pioneering force in the fashion industry through its innovative 3D weaving technology, aimed at significantly reducing waste and carbon emissions. By forming strategic partnerships and focusing on sustainable manufacturing practices, Unspun has positioned itself as a visionary leader in the apparel market. Its continuous efforts to expand its technological impact and maintain its commitment to environmental sustainability suggest a promising future trajectory poised for further growth and influence in the industry.