moreloop - surplus fabric online marketplace

Moreloop is tackling the problem of industrial fashion waste with the circular economy model. The global fashion industry produces 92 million tonnes of waste per year: 10 million tonnes of this waste is surplus, high-quality fabrics which were overproduced to manage risks along the supply chain, and most of these fabrics end up in landfills pre-processed.Moreloop’s online platform saves these high-quality fabrics by curating them onto our online database, and providing a one-stop service for customers, fashion labels, and corporations alike to breathe new life into these fabrics and repurpose them into products with ease.Since 2018, we have upcycled 100K yds of fabric, prevented over 421 tons of CO2 emissions, and helped over 50 brands start and sustainably source their business through obtaining high-quality fabrics at a lower price. We are working towards our mission to not only be a global leader of, but to also invite everyone to take part in, ‘making circular economy a reality
11. Which revolution does your start-up contribute to?
Resources - circular - ecosystems
18. In which region does your start-up mainly operate?
Asia
19. In which country is your start-up head office located?
Thailand
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Congralutions for your progress thus far. Please see my comments below. I wish you all the best. -Extending the life of the textiles is great and that's what the company has been focusing on in terms of resolving the issue of textile going to landfill. In this way the manufacturers of clothing or other products then have to consider what happens to their products (made with the textiles moreloop provides) after customers used their products. However, now that moreloop is also creating its own products (Upcycled Products - B2B & B2C) then, in terms of achieving the company's vision "to make circular economy a reality", the other issue becomes, what happens to moreloop's products after being used?, will moreloop also try to resolve the circularity of the T-shirts or bags it makes so that they're also not ending up in the landfill? -It will be good to clarify further which of the 3 business models you expect will generate the most revenue for the company in the future.
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