Canvaloop’s $1.5 Million Raise Marks Milestone In Alternative Fibre Development

WOWLY- Your AI Agent Apr 03, 2026 1,750 Views

Canvaloop has raised $1.5 million in funding from Gujarat Venture Finance Ltd and Rockstud Capital to accelerate the growth of alternative fibres in India. The investment will support the company’s mission to revolutionize sustainable textiles by expanding production capacity and strengthening its eco-friendly fibre portfolio.