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Stella McCartney has teamed up with venture capital firm Collaborative Fund to launch a $200 million sustainable fashion fund.
Known as the SOS Fund, it targets “clean businesses, founders and sustainable solutions”. This could include companies developing sustainable materials, improving their supply chains and using cleaner energy sources. Those at the Serie A or B level will be the main focus.
Bolt Threads Partnership
According to McCartney, the SOS fund has invested in the bolt thread that made Milo mushroom skin. The fashion designer, in collaboration with the company, showed a top and pants made with Milo at the beginning of last year.
In October, McCartney presented a mushroom leather bag – based on the classic Flabella bag design – at Paris Fashion Week. It was announced in May that the bag would be available for purchase later this year, making it the first commercial luxury bag made with Mylo.
Sustainable innovations
McCartney is exploring other sustainable materials. Last year’s autumn collection featured 80% recycled materials, including sustainably sourced beech wood, recycled nylon, recycled vintage fabrics and partially bio-based faux fur.
A year ago, the designer released a new version of the classic Eclypse sneaker, made entirely from plant-based and recycled materials.
“Beyond her work as an incredible designer and entrepreneur, Stella is a renowned environmentalist, champion of animal rights, lifelong vegan, pioneer in sustainable materials and an all-around good person,” said Founder and Managing Director Craig Shapiro. Mutual fund partner.
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