The Circular Plastics Accelerator, supported by Archipelago Ventures, makes an investment into AI-powered textiles sorting startup Matoha
LONDON, 10 April 2025 – Matoha, a London-based AI-powered technology business, has completed the first phase of a £1.5m raise to unlock circularity in textiles and materials supply chains. Archipelago Ventures and Circular Plastics Accelerator led the seed round for Matoha, a UK-based startup that enables fast, efficient, low cost textiles sorting. Other investors include Conduit Connect, British Design Fund, Fashion for Good, and angel investors.
Today, more than 15 kilograms of textile waste is generated per person every year in Europe. The largest source of textile waste is discarded clothes and home textiles from consumers – accounting for around 85 percent of the total. Currently less than 1% of this is fibre-to-fibre recycled, and 10% is recycled (downcycled) for other uses.
Approximately 30% of end-of-life textiles are reused or exported. This means that approximately 60% of textile waste is not currently collected and ends up in landfill or is incinerated in the UK and Europe. Of the textiles waste that is exported, much is not able to be reused due to quality, condition and demand.