On March 30th, Generation Phoenix (or Gen Phoenix), a leading sustainable regenerated leather producer based in England, announced the completion of an $18 million funding round to further its mission of “creating high-quality, environmentally friendly next-generation materials” and to continue its efforts in addressing the global waste problem.
The investment round was led by venture capital firm Material Impact, with participation from InMotion Ventures, the investment arm of luxury car company Jaguar Land Rover, fashion footwear brand Dr. Martens, and Tapestry, the pare …