THE MILLS FABRICA’S 2021

Dear Fabrica Community,

This year in the “New Normal” era, businesses across the whole supply chain have certainly adopted new ways of working. At Fabrica, we have also scaled our international footprint while debuting a new visual identity to mark the global expansion.

In 2021, Fabrica expanded our operation internationally to London, King’s Cross to build a wider community driving a more sustainable future. To mark the global expansion, we have unveiled a new visual identity, including a new logo for Fabrica capturing the successful transformation of a textile legacy into today’s go-to platform accelerating techstyle and agrifood tech innovation.

We have been supporting over 20 innovators under our incubation programme and investment fund, facilitating over 50 pilot discussions with corporates. We have invested in two new companies: a US-based blended materials recycling tech – “Circ” and a UK-based foodtech making sugar from fiber – “The Supplant Company“. We have also onboarded four new incubatees: an HK-based award-winning sustainability & impact media platform – “Green Queen“, an HK-based foodtech developing advanced sous-vide aseptic packaging – “IXON“, a UK based biomaterial startup that develops microbial weaving material – “Modern Synthesis” and a UK-based software service provider for sustainability communications – “Provenance“.

As we facilitated knowledge sharing through content creation, we published 3 research reports promoting circular economy for the industry to create a sustainable way of living and highlighting new disruptive technology through synthetic biology to solve global ESG issues in fashion and food. Importantly, we collaborated with partners like Material Innovation Initiative to analyze the emerging next-gen material industry.

Looking forward, we will continue to build a cross-border techstyle community in Hong Kong and the UK, support our startups to gain more exposure in Asia and Europe, and drive the adoption of impactful innovations in traditional industries.

From all of us at The Mills Fabrica, we wish you a blessed festive holiday and a healthy 2022!

May the New Year bring you happiness and good fortune,
The Mills Fabrica Team

Remarkable Collaborations & Sharings in 2021

This year, adapting to new ways of interaction, we have hosted hybrid events to do knowledge sharing and explore new collaborations with techstyle startups and corporates to promote sustainability and innovation.

Fabrica reports and playbooks shared current techstyle trends and practical tips for industry, investors and founders

Driving For Circularity: Collaborating for Industry Impact: 
This playbook looks at circular economy in the context of the apparel industry, and puts forward a strong case for industry collaborations to drive circularity forward.
Synthetic Biology Opportunities in Fashion and Food: 
This report acts as a starting guide for corporates interested in entering the synbio space, providing advice on how to create the best synergies with synbio startups to drive sustainability.
White Space Analysis 2021: The Next-gen Materials Industry: 
Co-author of the report, Material Innovation Initiative identifies the white space opportunities in next-gen materials for companies, scientists, and investors. Fabrica brings in learnings and insights as an early mover in these white spaces.
  

Incubatees/ Portfolios Key Achievements in 2021

In this year, startups continued to strive their best to help the world prepare for the post-COVID-19 era.

The Supplant Company has debuted dessert menus at French Laundry, Per Se, and Bouchon and limited-edition dark and milk chocolate bars featuring Supplant™ sugars from fiber, both developed in partnership with Michelin-starred Chef Thomas Keller.
Unspun has developed a 3D weaving machine which earned them the TIME Best Inventions 2021. They partnered with Pangaia to launch a new capsule collection featuring Panhemp™ denim made-to-order jeans in unspun’s app, and successfully closed a $7.5M USD round in Seed funding.

We celebrated the success of our portfolio companies in achieving key milestones:

Abillion’s founder, Vikas Garg, is recognized on the Generation T Asia 2021 list as one of Asia’s leaders of tomorrow for encouraging the world to go vegan.

Aday’s Outfit Repeater Challenge has received an honorable mention in the Retail Innovation Category of the Fast Company’s Innovation by Design Awards 2021.

Algaeing is featured in H&M’s Billion Dollar Collection, a new virtual fashion collection featuring ten startups and their sustainable fashion designs.

Circ has partnered with ANDRITZ to bring its textile recycling technology to a commercial scale with ANDRITZ’s engineering expertise and world-class equipment.

Colorifix has launched a new collection capsule with Pangaia Lab featuring limited-edition tracksuits colored by its microbe-based dye technology.

Evrnu has closed a $15M USD in Series B round led by FullCycle Climate Partners.

Geltor has debuted PrimaColl™, a bioactive, high-purity, and animal-free collagen ingredient for the food and beverage markets.

Goxip’s CEO, Juliette Gimenez, has participated at this year’s RESHAPE21 Virtual Summit to share her perspectives on reshaping the online shopping experience.

Green Queen has published the new APAC Alternative Industry Report 2021, which features 50 first-hand interviews and provides an in-depth assessment of the alt-protein industry.

Huue is named TIME Best Innovations 2021 under Sustainability and they also received a grant from the National Science Foundation (NSF)’s America’s Seed Fund.

IXON has been selected as one of the 10 finalists to compete for this year’s Future Food Asia Award, and has advanced into SLINGSHOT 2021’s Global Top 100.

Lumos has passed Endeavor Malaysia’s Local Selection Panel, a program that supports high-impact entrepreneurs and founders in Malaysia.

Mango Materials has been certified as a B Corporation for its tech that uses bacteria to transform methane into biodegradable biopolymer PHA, used as a substitute for plastics.

Modern Synthesis‘s CEO, Jen Keane, has won the Pillar VC’s Founders to Watch Award, which recognizes founders who tackle challenges at the intersection of biology and technology.

Motif hosted a 3D Tech Festival again this year to share about digital product creation, metaverse and more, attracting 5,000+ registrations.

NMES Group has been featured in Monocle’s The Entrepreneurs magazine with their DiPulse Smartsuit.

NTX’s Chief Innovation & Marketing Officer, Jeffrey Hsu, shared his insights on the industry’s development towards circularity in the Intertextile Shanghai Apparel Fabrics forum.

Provenance‘s founder, Jessi Baker, won the Climate Pioneer category at the P.E.A. Awards, and was named one of the climate changemakers leading the way to safeguard the planet.

Reflaunt has partnered with Harvey Nichols and Yoox-Net-a-Porter to support the luxury brands’ customers resell their pre-loved goods, and secured $2.7M USD in pre-Series A funding.

Renewcell has received an honorable mention in the style category of the Fast Company’s Most Innovative Companies 2021, launched a new collection with Kappahl.

Smartzer is named in the Top English Advertising Startups by “Best Startup” and in the UK’s Top Scaleup Companies by the organization “Silicon Valley Comes to the UK”.

TG3D has launched the on-demand 3D rendering service – the Scanatic™ RenderStock, which makes it easy to output clear and realistic images created from 3D designs.

… and more!
 
Images courtesy of: Aday, Goxip, Huue, Renewcell, Unspun