Material Exchange | Lyra Ventures

Founded: 2017

Founders: Darren Glenister, Dora Lality, Dejan Zvekic, Taron Sargsyan, Jessica Eriksson

HQ: Stockholm, Sweden

Material Exchange is transforming the way the fashion industry sources materials and products to be more efficient, transparent, and sustainable. They achieve this through a state-of-the-art Digital Sourcing Platform and customized services, which allow suppliers to showcase their materials more effectively to fashion brands and fashion brands to find the materials they need in a fraction of the time.

News

November 26, 2020

We are delighted to introduce our latest investment in Material Exchange, joining Norrsken VC, Partech, Inventure and Day One Capital Fund Management in a 5M Euro round.

Lyra Ventures joining Norrsken VC, Partech, Inventure and Day One Capital Fund Management in a 5M Euro round investment in Material Exchange.
April 16, 2021

Insightful interview with Darren Glenister, CEO of Material Exchange, a Lyra Ventures portfolio company.

Check out this great interview with Material Exchange’s CEO, Darren Glenister, on why Material Exchange was initially created, the problems they solve and what to expect in the coming months!