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Hanad
Tuesday, 27 April 2021 / Published in Startup

Cycloop: high quality textiles at the price of polyester

Introduction

Cycloop is a platform for R&D of green products that matter. Our product solves the tension between quality and price which markets have failed to consider. We do so by reestablishing responsible production and consumption for supply chains. Our first target is the supply chain of fashion.

The Problem

The quality/ price paradigm has not been working in the fashion industry for quite some time. The industry tries to compromise between quality or price, not fully bringing together supply chain components and leaving consumers unsatisfied.

Cellulose is the most used polymer out there and can be found in things like wool, cotton, and viscose rayon. But the fashion industry hasn’t been able to utilize cellulose efficiently which leaves designers, manufacturers, brand owners and consumers wanting.

Textiles manufacturers need textiles that look and feel better than current synthetic options at a price that is competitive to these latter.

Market Opportunity

Today, the cellulose fibers is valued at $48.7bn but is projected to grow to $305bn by 2026.

Secondary Markets

The following secondary markets are also expected to see significant growth in the next 5 years.

The Solution

At Cycloop, we have identified crops that will allow us to help textile manufacturers produce superior quality fibers that are competitive with synthetic fibers in price and with natural fibers in terms of quality.

We have developed a technology for the supply chain to adapt to make textiles from cellulose just great.

Cycloop collaborates with all the actors in supply chains, from raw material producers, industrial manufacturers, and brand owners, involving everyone more closely to the production process

Revenue Model

We have a business model that will generate income via three main sources: royalties, agreements, and revenue shares.

Go-To-Market Strategy

We spent the first quarter of 2021 completing research for our first patent and will be spending quarter two finalizing our application. Our first patent will generate royalties income for us.

We are relying on Linkedin and social events for traction and launch of the tech.

Competitive Analysis

We have a number of key competitive advantages

Lower Extraction Costs

– 0.42 – 0.75 USD per kilogram vs the industry norm of 0.79 – 0.84 USD per kilogram

Diversity of production

– Producers are better off while preserving pre-treatment results

Nanotechnology

– Allows us to have better control of quality and output

Our Team

Founder and CEO Giulia has founded three startups: one was incubated by BNP Paribas Cardiff, another won ENACTUS Italy in 2018, and one is active. The last one, Cycloop, is an R&D project that aims to utilize nanotechnologies to offer better textile products to consumers, more ethical and environmentally friendly.

Company Information & Investment Opportunity:

Ask – $370k USD

We are looking for 370k USD to complete the research, file for the patents, and dramatically increase our first patent royalties from 3% to 7.8%.

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