The Mills Fabrica’s 2020
This year, the COVID-19 crisis has without a doubt brought challenges around the globe, changing social interactions and impacting businesses & the economy. In spite of these challenges, we’ve seen opportunities arising across the industry in sustainable innovation such as rental and resale, reprocessing and recycling infrastructure, in the hope of creating a more resilient economy.
In 2020, Fabrica continued supporting our community amidst the disruption. We hosted over 10 webinars & podcasts covering best practices for combating the COVID-19 impact, evolving opportunities in techstyle innovation, and implications from key global events such as the U.S. election, reaching over 10,000 audiences in the industry.
As we facilitated knowledge sharing through content creation, we published 4 research reports highlighting pre-and post-COVID apparel & food industry trends, and an impact strategies & measurement playbook. Importantly, we collaborated with partners like Bolt Threads to co-author a playbook offering business & technology scale-up tips for synbio founders.
To date, we have been supporting over 20 innovators under our incubation programme and investment fund, facilitating over 50 pilot discussion with corporates. Our portfolio companies made an on-going impact with 4 pilot launches in the areas of cotton recycling technologies and customized production. We’ve seen significant accomplishments from Renewcell for listing on Nasdaq, from Unspun & Green Is The New Black co-founders being recognized on the Gen.T Asia 2020 list and Forbes 30 Under 30, and more.
Looking forward, we will continue supporting our community and look for innovative ways to engage with partners in the New Normal.
REMARKABLE COLLABORATIONS & SHARINGS IN 2020
Despite the pandemic, this year, we have enjoyed the precious time to mingle, share experiences and explore potential collaborations with techstyle startups and corporates to uphold sustainability and innovation.
- Ecosystem Summit 2020 brought the startup ecosystem builders together
- Techstyle for Social Good International Online Competition 2020 and The CSM X The Mills Fabrica Techstyle & Sustainability Prizes 2020 awarded and recognised to students innovating for social good globally; Winner of The Mills Fabrica Techstyle Prize: Sorawut Kittibanthorn was featured on CNN.
Fabrica reports and playbooks shared current techstyle trends and practical tips for industry, investors and founders:
INCUBATEES/ PORTFOLIOS KEY ACHIEVEMENTS IN 2020
In this challenging year, startups strived their best to help the world cope with the pandemic, making people’s lives easier and prepare for the future.
We celebrated the success of our portfolio companies in achieving key milestones:
Algalife won the World’s First Female Plant-Based Pitch Competition hosted by Vegan Women Summit™
Evrnu joined the Elemental Excelerator to scale and deploy their NuCycl technology; Evrnu’s NuCycl is a finalist of Fast Company World Changing Ideas Awards 2020: North America with Honorable Mentions
Lumos set a record-breaking $2.9 million fundraising campaign on Kickstarter for their Ultra Bike Helmet; Lumos’ Matrix is a finalist of Fast Company World Changing Ideas Awards 2020: Transportation with Honorable Mentions
Reflaunt launched with H&M COS brand on their resell platform; was selected for the 2020 cohort of New York Fashion Tech Lab, the industry lab leader in promoting fashion, beauty and retail-tech advancement
… and more!
Images courtesy of: Aday, Goxip, Huue, Renewcell, Unspun