# Refiberd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/refiberd

- Industry: Materials
- Headquarters: Cupertino, US
- Website: www.refiberd.com
- Total disclosed funding: $6.6M
- Latest round: Seed (Aug 29, 2023)
- Investors on record: 6

## About

Based in California, US, and founded in 2020 by its CEO, Sarika Bajaj, and co-founders, Tushita Gupta and Mingyue (Ida) Wang, Refiberd Inc. engages in the recycling and manufacturing of textile wastes and related wastes into products like recycled paper,cellulose threads, and polyester threads. In April 2025, Refiberd, Inc. raised USD 300,000 in venture funding from new investor eBay Ventures. Refiberd Inc. is developing an artificial intelligence (AI) and robotics-based textile recycling system that produces polyester thread, cellulose thread, and recycled paper that can be sourced directly as wholesale packages or as finished paper items with custom laser-cut and desired designs. Water bottles and pre-consumer waste are used to make the products. In addition, the company can custom lasercut the fabrics in the desired pattern, making the pieces ready for sewing via cut-and-sew manufacturers. The company will use the April 2025 funding to scale its operations and development efforts.

## Funding rounds

- Seed, Aug 29, 2023, $3.4M — Better Ventures, Schmidt Family Foundation, True Wealth Ventures, Fashion for Good, Susquehanna Private Capital, Kubera Venture Capital
- Seed, Nov 14, 2022, $3.2M — True Wealth Ventures

## Investors

- True Wealth Ventures (https://capitalatlas.ai/funds/true-wealth-ventures) — Seed
- Better Ventures — Seed
- Schmidt Family Foundation — Seed
- Fashion for Good — Seed
- Susquehanna Private Capital — Seed
- Kubera Venture Capital (https://capitalatlas.ai/funds/kubera-venture-capital) — Seed