far east group invests over 30 million in us recycling polyester startup ambercycle
drive, the venture capital arm of far east group catalyst is investing $5 million in ambercycle to support the construction of a commercial-scale facility for the circular polyester startup to scale textile-to-textile recycling for the apparel industry. the initial investment will support the scale-up of cycora, a recycled polyester made from waste textiles. this is…
