Oleago
An innovation start-up dedicated to invent sustainable solutions for textile and fashion industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | €286k | Early VC | |
| Total Funding | 000k | ||
Oleago Inc. is a Turkish company that has developed Oleatex, a plant-based and 100% vegan material designed as a sustainable alternative to traditional leather.
The company's business model is centered on the principles of a circular economy, transforming bio-wastes from the olive industry into a valuable textile. Oleatex is notable for its high bio-content, which can be up to 90%. This process not only repurposes waste but also aims to offset the carbon emissions typically associated with the leather industry by reducing the reliance on both genuine and synthetic leathers, which often involve harmful chemicals in their production.
Oleago operates on a B2B basis, supplying its innovative material to the fashion and textile industries. By providing a sustainable option, the company caters to a growing demand for environmentally conscious materials in consumer goods. The product is positioned as a next-generation material that addresses both ethical and environmental concerns in the fashion supply chain.
Keywords: plant-based leather, vegan material, textile innovation, sustainable fashion, circular economy, bio-waste upcycling, olive waste, next-gen material, B2B materials, leather alternative