Full-Time
General Counsel
Posted on 7/23/2024
Ambercycle
11-50 employees
Transforms end-of-life textiles into new materials
Compensation Overview
$180k - $250kAnnually
Senior, Expert
Los Angeles, CA, USA
- Juris Doctor (JD) degree from an accredited law school
- 5+ years of legal experience
- 2+ years of experience with corporate law and commercial transactions
- Provide legal guidance on corporate finance and governance
- Draft, negotiate, and finalize commercial agreements
- Manage and organize legal documents
- Assist with corporate structuring and finance efforts
- Manage equity and debt financing transactions
- Work closely with outside counsel
Ambercycle transforms end-of-life textiles into new, high-quality materials through a process called molecular regeneration. This involves breaking down complex textiles at the molecular level to separate and purify their components, which are then reintegrated into the fashion supply chain. The company serves a variety of clients, including apparel brands and manufacturers, helping them reduce waste and promote sustainability in their products. Unlike many competitors, Ambercycle operates within a closed-loop system that ensures materials can continuously flow from one lifecycle to another, providing a reliable source of regenerated materials. The goal of Ambercycle is to address the environmental challenges posed by textile waste and support the fashion industry in becoming more eco-friendly.
Company Stage
Seed
Total Funding
$27.4M
Headquarters
Los Angeles, California
Founded
N/A
6 month growth
↑ 14%1 year growth
↑ 33%2 year growth
↑ 90%
Simplify's Take
What believers are saying
- Ambercycle's collaboration with major brands like Gap Inc. and Zara's parent company Inditex highlights its growing influence and potential for large-scale impact in the fashion industry.
- The recent $5M funding round and strategic investments from entities like Far Eastern Group provide financial stability and resources for scaling operations.
- Innovative products like cycora® demonstrate Ambercycle's commitment to high-quality, sustainable materials, attracting eco-conscious consumers and brands.
What critics are saying
- The nascent stage of the molecular regeneration technology could face scalability and efficiency challenges, potentially hindering widespread adoption.
- Dependence on partnerships with large corporations may expose Ambercycle to risks if these partners shift their sustainability strategies or face economic downturns.
What makes Ambercycle unique
- Ambercycle's proprietary molecular regeneration technology sets it apart by enabling the transformation of end-of-life textiles into high-quality materials, unlike traditional recycling methods.
- The company's closed-loop system ensures continuous material flow, providing a sustainable and reliable source of regenerated textiles for fashion brands.
- Strategic partnerships with industry leaders like Hyosung TNC and Inditex enhance Ambercycle's credibility and market reach, distinguishing it from smaller, less connected competitors.