Goldwin Play Earth Fund Invests in Ambercycle, Inc., the Material Science Company Powering an Ecosystem for Circular Fashion

Goldwin and Ambercycle to bring cycora®—a regenerated polyester made entirely from textile waste—to Japan for the first time, and build a new standard for high-performance apparel rooted in circularity, quality, and material harmony.

Tokyo, Japan & Los Angeles, California — July 29, 2025 – Goldwin PlayEarth Fund (GW-PEF), co-managed by Goldwin Venture Partners Inc. (GVP) and Ignition Point Venture Partners Inc. (IGP-VP), today announced a strategic investment in Ambercycle, Inc. (Ambercycle), a Los Angeles-based material innovation company advancing circular material systems for the fashion industry. The investment marks a milestone collaboration for Ambercycle, as cycora® enters one of the world’s most technical and quality-focused textile markets for the first time.

Ambercycle is decarbonizing the global apparel sector with its proprietary molecular regeneration technology. Its award-winning flagship material, cycora®, is a premium regenerated polyester made entirely from textile waste, designed to enable environmental integrity without compromising quality or performance.

The decision to invest was driven by Ambercycle’s proven ability to enable true circularity through innovation, as well as the exceptional quality of cycora® as a next-generation material. It also deepens Goldwin’s commitment to sustainability by integrating regenerated materials into its performance and outdoor product lines.

“Bringing cycora®to Japan offers a great opportunity to reach a market known for its precision craftsmanship, and technical innovation,” said Shay Sethi, co-founder and CEO of Ambercycle. “Goldwin’s commitment to intentional design and material harmony mirrors our own, and together we’re showing that circularity isn’t a distant future—it’s a new standard with solutions being built right now.

Goldwin Inc. (“Goldwin”), an LP of GW-PEF, will collaborate with Ambercycle to develop performance-oriented garments using cycora®. A limited quantity of cycora® will be featured in Goldwin’s Fall/Winter 2025 collection, with both teams currently co-developing products for a full-scale launch in the Fall/Winter 2027 season.

Together, Ambercycle and Goldwin aim to pioneer a new era of regenerative textile production in Japan, where innovation, performance, and circularity exist in complete harmony.

About Goldwin Play Earth Fund

Fund Name Goldwin Play Earth Fund Investment Limited Partnership

Established date April 1, 2022

Operation period 10 years

Operation scale 3 billion yen

Operating company

Goldwin Venture Partners Inc.

Ignition Point Venture Partners Inc.

About GP

Company Name：Goldwin Venture Partners Inc.

Representative：Takeo Kaneda, Representative Director

Main Office: Seiho Building, 3-5-6 Kita-Aoyama, Minato-ku, Tokyo

Company Name：Ignition PointVenture Partners, Inc.

Representative：Yuki Tashiro, Representative Director

Main Office：Shibuya Property Tower 8F, 1-32-12 Higashi, Shibuya-ku, Tokyo

TEL：+81-3-6434-1412 (main office)

Investment Inquiries

Contact :

info_playearthfund@goldwin.co.jp

URL： https://cvc.goldwin.co.jp/en/

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