# Ravel raises $8.2M seed round to scale blended-textile recycling

Ravel closed an oversubscribed $8.2 million seed round led by One Small Planet, with participation from AP Ventures, Overlay Capital, Lichen Ventures and existing investors. The funding will move the Seattle-based recycling company from pilot operation towards commercial readiness for its Purification Recycling process for polyester/elastane blends.

- Type: Investment
- Announced: 2026-09-18
- Where: Seattle, Washington, United States
- Value: $8.20M
- Status: announced
- Products: recycled plastic pellets, textile recycling
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ravel](https://endata.com/companies/94206.md)
- [One Small Planet](https://endata.com/companies/94207.md) (investor)
- [AP Ventures](https://endata.com/companies/94208.md) (investor)
- [Overlay Capital](https://endata.com/companies/94209.md) (investor)
- [Lichen Ventures](https://endata.com/companies/94210.md) (investor)

## Sources

- [textination.de](https://textination.de/en/news?newstype=11771&tex=476), 2026-09-18: "Ravel has closed an oversubscribed $8.2 million seed round led by One Small Planet, with participation from AP Ventures, Overlay Capital, Lichen Ventures and existing investors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.