About Refiberd
Refiberd is a Retail company based in Cupertino (United States) founded in 2020 by Mingyue Ida Wang, Tushita Gupta, and Sarika Bajaj. Online platform offering innovative textiles and products for the fashion industry. It operates in the Retail and Chemicals & Materials sectors. Refiberd has raised $5.45 million across 4 funding rounds from investors including eBay, True Wealth Ventures and Better Ventures. Its chief executive, as recorded, is Sarika Bajaj. Refiberd offers products and services including Hyperspectral Imaging System and Textile Sorting Platform. Its focus areas include Consumer, Fashion Tech, Innovative Materials and High Tech. Its legal entity is Refiberd, Inc. Its competitors include MycoWorks, Newlight Technologies and Modern Meadow; 3 of its 3 listed competitors have raised funding.
Company details
Refiberd was founded in 2020 and is based in Cupertino, United States. An online platform is operated by the company within the fashion industry, where recycled fabrics, polyester thread kits, cellulose thread, and related products are supplied. These items are produced from recycled textile materials. Co-founders include Mingyue Ida Wang, Tushita Gupta, and Sarika Bajaj, who serves as CEO.
- Headquarters Cupertino, United States
- Founders Mingyue Ida Wang, Tushita Gupta, Sarika Bajaj
- SectorsRetailChemicals & Materials
- Email••••••••
- Website refiberd.com
- Social LinkedIn X Instagram
- Legal Name Refiberd, Inc.
- Total Equity Funding$5.45M (USD)
in 4 rounds
- Latest Funding Round$300K (USD), Grant
Apr 2025
- InvestorseBay
& 3 more
Products & Services of Refiberd
Refiberd offers a comprehensive portfolio of products and services, including Hyperspectral Imaging System and Textile Sorting Platform.
AI system for accurate detection of textile fiber and contaminants.
Platform that automates waste sorting for high-value recycling.
Funding Insights of Refiberd
Refiberd has successfully raised a total of $5.45M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $300 thousand completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.45M
- Total Rounds 4
- Last Round Grant — $300,000
- First Round $2.05M
(Dec 2022)
- Investors Count 4
All 4 funding rounds of Refiberd with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $300,000 | Grant | – | – | |
| Jul 2024 | $274,955 | Grant | – | – | |
| Aug 2023 | $3.4M | Seed | – | True Wealth Ventures | |
| Dec 2022 | $2.05M | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Refiberd
Refiberd has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include eBay, True Wealth Ventures and Better Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
True Wealth Ventures is focused on investing in women-led companies. | 2016 | truewealthvc.com | ||
Micro-venture capital firm investing in pre-seed to seed stage startups | better.vc | Oakland, United States | ||
Multi-category consumer products are sold via an online marketplace platform. | 1995 | ebay.com | San Jose, United States | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Refiberd
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People of Refiberd
4 people are tracked at Refiberd (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Mingyue Ida Wang | Co-Founder | Leadership |
Tushita Gupta | Co-Founder | Leadership |
Sarika Bajaj | Co-Founder & CEO | Leadership |
Alejandra Martinez | Senior Research Associate | Team |
Complete people profiles for Refiberd
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Timeline of Refiberd
3 dated milestones of Refiberd across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Refiberd is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Grant, of $300K.
Competitors of Refiberd
Refiberd has 3 listed competitors in our database, 3 of them funded. They include MycoWorks, Newlight Technologies and Modern Meadow.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mycoworks.com | 2013 | Emeryville, United States | $225.3M | 297 | Bio-based materials from mycelium are manufactured as sustainable leather alternatives. | |
| newlight.com | 2003 | Huntington Beach, United States | $220.21M | 149 | Provider of sustainable material using methane-based greenhouse gases | |
| modernmeadow.com | 2011 | Nutley, United States | $192.64M | 75 | Bio-fabricated leather products and accessories are provided online. |
Detailed competitors of Refiberd
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Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Refiberd (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Refiberd
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Frequently Asked Questions about Refiberd
Refiberd was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Refiberd is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Sarika Bajaj is the CEO of Refiberd, as recorded in our data. They have also founded this company.
Refiberd is a funded company, having raised a total of $5.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.05M, raised on Dec 2022.
Refiberd was founded in 2020 and is based in Cupertino, United States. An online platform is operated by the company within the fashion industry, where recycled fabrics, polyester thread kits, cellulose thread, and related products are supplied. These items are produced from recycled textile materials. Co-founders include Mingyue Ida Wang, Tushita Gupta, and Sarika Bajaj, who serves as CEO.
Refiberd's top competitors include MycoWorks, Newlight Technologies and Modern Meadow.
Refiberd offers Hyperspectral Imaging System and Textile Sorting Platform.
Refiberd has 4 investors. Key investors include eBay, True Wealth Ventures, Better Ventures, and National Science Foundation.
Refiberd operates through Refiberd, Inc..