Ambercycle

Emerging

Los Angeles textile-to-textile molecular recycler; cycora® regenerated polyester with Inditex €70M+ supply deal and Goldwin FW2025 partnership; $44M raised with 250,000 T-shirt/day facility by 2026 competing with Evrnu for circular fashion materials.

Company Overview

About Ambercycle

Ambercycle is a Los Angeles, California-based materials science company — backed with approximately $44 million in total funding including investments from Goldwin Play Earth Fund, Shinkong Synthetic Fibers, and others — providing the global apparel and textile industry with cycora®, the world's first commercial-scale textile-to-textile regenerated polyester produced through the company's proprietary Ambercycling™ molecular regeneration technology that transforms post-consumer textile waste into virgin-grade polyester fiber. Key brand partnerships include Inditex/Zara (€70+ million three-year supply agreement), Athleta, REI, Reformation, and GANNI, with manufacturing through MAS Holdings. Ambercycle plans to open a commercial-scale facility capable of processing the equivalent of 250,000 T-shirts per day by 2026. cycora® won Time Magazine's Best Inventions of 2024 recognition. Founded 2015 by UC Davis alumni Shay Sethi (CEO) and Moby Ahmed.

Business Model & Competitive Advantage

Ambercycle's molecular regeneration technology addresses the textile waste problem that mechanical recycling cannot solve: the fashion industry generates 92 million tons of textile waste annually, but conventional mechanical recycling (shredding and re-spinning fiber) produces lower-quality, shorter staple fibers with degraded mechanical properties — suitable only for insulation, automotive stuffing, or other non-textile applications, not virgin-quality garment fabrics. Ambercycling™'s molecular approach (dissolving post-consumer polyester textiles and chemically separating the polymer chains from dyes, finishes, additives, and blended fibers, then re-polymerizing purified PET chains into virgin-equivalent polyester) produces cycora® fiber with the same mechanical properties as virgin polyester from petrochemical feedstocks — enabling brand partners to substitute cycora® into existing manufacturing processes without reformulation. The CO2 reduction (nearly half the emissions of virgin polyester production) addresses the Scope 3 supply chain emissions reduction commitments that Inditex, REI, and Reformation have made in sustainability reporting.

Competitive Landscape 2025–2026

In 2025, Ambercycle competes in the textile recycling, sustainable materials, and circular fashion market with Renewlane (Inditex's internal textile recycling), Evrnu (chemical textile recycling, $40M raised), and Worn Again Technologies (PET/polyester recycling, $10M+ raised) for global apparel brand recycled polyester supply agreements and textile-to-textile circular economy volume commitments. The Inditex €70M+ three-year agreement (securing volume for the world's largest fashion retailer) de-risks Ambercycle's commercial scale-up by providing demand visibility for the 2026 facility construction investment. The Goldwin Fall/Winter 2025 product launch (cycora® in outdoor performance apparel) demonstrates premium sports brand adoption that validates material performance for technical applications. The 2025 strategy focuses on completing the commercial-scale facility permitting and construction for 2026 commissioning, signing additional Tier 1 brand supply agreements to fill facility capacity, and advancing the cellulose (cotton) recycling capability alongside the polyester platform to address the blended cotton-polyester garment waste stream that represents the majority of global textile waste volume.

Founded
2015
Headquarters
Davis, California
Revenue
$70M
Curated content • Fact-checked and verified

The Ambercycle Story

Founded in 2015
Davis, California
Founded by Shay Sethi, Moby Ahmed

Founders

Shay SethiMoby Ahmed
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Company Timeline

Major milestones in Ambercycle's journey

14
Total Events
4
Funding Rounds
0
Acquisitions
1
Product Launches
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Leadership Team

Meet the leaders behind Ambercycle

Shay Sethi

CEO & Co-Founder

Shay Sethi co-founded Ambercycle in 2015 while studying at UC Davis. He leads the company's vision to build circularity for the fashion industry through molecular regeneration technology. Under his leadership, Ambercycle has secured major partnerships with global brands and raised over $44 million in funding.

Moby Ahmed

CTO & Co-Founder

Moby Ahmed co-founded Ambercycle with Shay Sethi and serves as Chief Technology Officer. He oversees the development and scaling of Ambercycle's proprietary Ambercycling™ process that transforms textile waste into virgin-grade materials at the molecular level.

Ian Pund

Vice President of Sales

Ian Pund leads Ambercycle's sales strategy and brand partnerships, managing relationships with major fashion retailers and manufacturers globally to scale adoption of cycora® regenerated polyester.

Eunice Cho

Head of Product Development

Eunice Cho oversees product development at Ambercycle, ensuring that cycora® and future regenerated materials meet the quality standards and performance requirements of leading fashion brands.

Open Positions

Reddit Discussions

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Key Differentiators

Emerging Innovator

Ambercycle is an emerging player bringing innovative solutions to the Luxury Goods market.

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