CDC Studio Embarks on Innovative Textiles Recycling Growth with €380,000 Investment
Deal News | Feb 20, 2025 | CDP Venture Capital
CDC Studio Srl, an innovative hub in the textile sector, is set to advance its growth trajectory following a successful €380,000 financing round led by Styleit, a fashion technology accelerator, and CDP Venture Capital SGR. This investment round also saw participation from Fondazione Social Venture Giordano DellAmore and consultancy firm Ventive. CDC Studio is at the forefront of sustainability through its patented technologies, CO and MIKTS, which focus on transforming mixed textile waste into recyclable raw materials. As the company eyes a March 2025 Safe Round closure, it continues to strengthen its innovative capabilities within the circular economy. With only 1% of textiles currently being recycled, CDC Studio aims to address the pressing demands for economically viable, sustainable waste recovery solutions. Leaders like Cristina Di Carlo and Matteo Corbellini emphasize the importance of collaborations to foster a future-oriented, sustainable textile industry. CDP Venture Capital and its partners are committed to supporting CDC Studio's strides towards global market presence in sustainable textiles recycling.
Sectors
- Textile and Apparel
- Sustainability and Environmental Technology
- Private Equity and Venture Capital
Geography
- Italy – CDC Studio Srl is based in San Miniato, Italy, and the investment is spearheaded by Italian firm CDP Venture Capital SGR.
- Europe – The investment and focus on sustainability resonate with European directives on circular economy and textile recycling.
Industry
- Textile and Apparel – The article focuses on CDC Studio Srl, which is an innovation hub in the textile industry, specifically targeting circular textile solutions.
- Sustainability and Environmental Technology – CDC Studio is developing technologies for sustainable recycling of textile waste, in line with global environmental directives and sustainability objectives.
- Private Equity and Venture Capital – The involvement of CDP Venture Capital SGR and other investors highlight the venture capital aspects in supporting innovative startups.
Financials
- €380,000 – The amount raised by CDC Studio in a recent investment round led by CDP Venture Capital SGR.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CDC Studio Srl | Target | Company | An innovation hub for circular textiles, specializing in technologies to recycle textile waste into new raw materials. |
| CDP Venture Capital SGR | Investor | Company | An Italian venture capital firm involved in supporting CDC Studio's growth in textile recycling technology. |
| Styleit | Accelerator | Company | A fashion tech accelerator involved in fostering innovation within the textile and apparel industry. |
| Fondazione Social Venture Giordano DellAmore | Investor | Company | A foundation supporting social impact ventures, contributing investment towards CDC Studio's sustainable technology initiatives. |
| Ventive | Consultancy and Investment Firm | Company | An investment and consultancy firm placing trust in innovative startups like CDC Studio. |
| Cristina Di Carlo | CEO and Co-founder | Person | CEO of CDC Studio, leading efforts in developing sustainable textile recycling solutions. |
| Matteo Corbellini | CTO and Co-founder | Person | CTO and co-founder of CDC Studio, instrumental in developing CDC Studio's core technologies. |