Losanje: participative fundraising to revolutionize the textile industry

LOSANJE has taken a decisive step in its mission: to makeindustrial upcycling a viable, scalable and desirable solution for transforming the textile industry.
After an initial fundraising of €2.75m in 2023, the company has launched a participatory fundraising on LITA.co, to involve citizens in this transition.

Objective achieved: €373,500 raised from 400 citizens, alongside co-investors to the tune of €1.6 million. A total of almost €2 million raised to accelerate LOSANJE's industrial scale-up.

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From craftsmanship to industrialization: a strategic turning point

Since its creation, LOSANJE has had a strong ambition: to give a second life to textiles destined for destruction, by transforming them locally into responsible products. Thanks to its first round of funding, the company has :

• developed automated cutting technologies,
• structured a circular production chain,
• and established strategic partnerships with major players such as Decathlon, SNCF and La Poste.

In two years, over 55,000 upcycled products have been manufactured, saving 8,000 tonnes of CO2 and recycling over 40 tonnes of textiles.

Successful fundraising to accelerate textile transition

Thanks to the support of 400 committed citizens and partners, this fundraising campaign will enable LOSANJE to :

• Optimize and automate textile upcycling production,
• Increase production capacity to 180,000 refurbished parts per year,
• Recruit key profiles (modeling, production, process),
• And raise the profile of upcycling among businesses and the general public.

A further step towards making thecircular textile industry a large-scale reality.

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LITA.co: a financing model in line with our values

To carry out this operation, LOSANJE has chosen LITA.coan impact investment platform.
This form of citizen financing is consistent with LOSANJE's mission: to create responsible textile production from scratch, by involving all players in the chain, including consumer-investors.

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A new dynamic for the future of upcycling

This fund-raising marks a turning point: LOSANJE is entering a phase ofcontrolled industrialization, with a clear ambition - to become a benchmark player in industrial upcycling in Europe.
Ultimately, the aim is toextend this circular model to other markets, and to offer a competitive alternative to new textile production, in terms of both impact and quality.

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Thanks to the 400 investors who joined the adventure

This collective success reinforces our conviction: upcycling is ready to change scale.
Thanks to you, we'll be able to accelerate innovation, reclaim more and more dormant textiles, and demonstrate that another textile industry is possible.

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