Meet the Innovator: TextileGenesis™
Image by Engin Akyurt via Unsplash.
6 June 2023
Through our global Innovation Platform, Fashion for Good supports critical innovations on their journey to scale, providing hands-on project management, access to funding and expertise, and collaborations with brands and manufacturers to accelerate implementation in the fashion supply chain. In this series, we are proud to introduce some of the groundbreaking innovators who are driving the change to make fashion a force for good.
The apparel supply chain is notoriously fragmented and complex, making tracing garments to their origins a difficult task. Tracing material flows through the supply chain is even more challenging, especially sustainably produced raw materials like organic cotton.
TextileGenesis™ provides a solution to this problem through their Software as a Service (SaaS) platform, enabling fashion brands and sustainable textile manufacturers to ensure a reliable, secure, and fully digital mapping of their textiles, from fibre to consumer.
TextileGenesis™ is a traceability system built on blockchain, that allows digitalisation and traceability of any textile asset such as fibre, yarn, fabric or garment through Fibercoins™. It focuses on sustainable fibres such as wool-based fibres, premium cotton, specialty filaments, silk, wool and cashmere.
KEY MILESTONES
-
2018
TextileGenesis™ is founded by Amit Gautam in India.
-
2019
Lenzing partners with TextileGenesis™.
-
2020
TextileGenesis™ joins Fashion for Good for bespoke support on their roadmap to scale. The innovator wins the Global Change Award and joins Fashion for Good Viscose Traceability Project, developed in collaboration with our partners BESTSELLER and Kering, with support from Zalando. Canopy announces partnership with TextileGenesis™.
-
2021
The innovator successfully completes the Viscose Traceability Project. Textile Exchange and TextileGenesis™ announce the pilot release of Textile Exchange’s Electronic Trackit “eTrackit” program.
-
2022
Our partner BESTSELLER traces 25M garments in a collaboration with TextileGenesis™.
-
2023
Lectra acquires 51% stake in TextileGenesis for €15.2 million.
IMPACT
The innovator’s technology secures brand reputation against fakes, creates article level transparency from fibre-to-retail, and drives value-chain inventory optimisation. It also ensures the traceability of TextileGenesis™ customers’ entire sustainable supply chain in order to meet the demands for transparency, driven by changes in legislation and growing customer awareness.
COMMERCIAL IMPLEMENTATIONS
-
2021
H&M Group partners with TextileGenesis™.
-
2021
U.S. Cotton Trust Protocol and TextileGenesis™ announce collaboration.
-
2021
Arvind Limited partners with blockchain platform TextileGenesis™.
-
2021
Textile Exchange accelerates digital transformation with TextileGenesis™.
-
2022
BESTSELLER boosts product traceability with TextileGenesis™.
-
2023
Renewcell Partners With TextileGenesis™ for Circulose® pulp-to-retail transparency.
-
2023
Birla Cellulose partners with TextileGenesis™.
WHAT’S NEXT
TextileGenesis™ plans to scale within the operations of Lectra and their textile customers, and drive further implementations with brands, suppliers, and material organisations.
LINKS
Website: https://textilegenesis.com/
Learn more about TextileGenesis™’s involvement in the Viscose Traceability Project.
Other Articles
In Conversation with CuRe Technology: How Can We Create a Fully Circular Polyester Chain?
Meet the Innovator: CuRe Technology
