Simplifyber, a materials startup pioneering an innovative 3D-molding process to radically reduce the environmental impact of soft goods manufacturing and the use of synthetic fibers, today announces the completion of its $12 million Series A funding round. This was led by Suzano Ventures, a new investor in Simplifyber, and the corporate venture capital arm of the world's largest wood pulp supplier, alongside At One Ventures, Techstars, Plug and Play Sustainability Fund, One Small Planet, Staddle Holdings, Collateral Good, M.I.H. Capital, Overlay Capital, Meliorate Partners, and others.

This Series A round follows on from a $4.2 million Seed round completed in July 2022.

Simplifyber's mission is to make bio-based, low-impact materials the simplest, most cost-effective option for building a wide variety of products at scale. Starting with a natural fiber slurry, the company's manufacturing process molds certified wood, recycled paper and recycled bio-based textiles into 3D-shaped shoes, bags and car parts, with its first round of commercially available shoes due to hit retail shelves in 2025.