LifeLabs Secures $6M in Series 3 Seed Funding to Expand Patented Line of Thermally Efficient Lifestyle Apparel

0
  • LifeLabs has created the world’s first thermally transparent fabric that keeps wearers nearly 3°F cool
  • Founded by Stanford scientists, the lifestyle clothing company launched in October 2021
  • Funding will support additional product innovation and rapid expansion of CoolLife and WarmLife performance apparel and bedding

SUNNYVALE, Calif., April 22, 2022 /PRNewswire/ — Life Labsthe first textile innovator to make significant progress in combating the effects of climate change through thermally efficient lifestyle clothing, announced a $6 million Round 3 funding round led by Asia Green Fund, bringing total funding to $13.8M.

LifeLabs launched to the public in October 2021 with a line of body temperature regulating clothing. The company’s collection of sustainable everyday apparel, outerwear, sleepwear and bedding features patented fabric with recycled materials that cools body temperature or retains heat. Flagship LifeLabs lines include CoolLife, which rapidly releases up to 40% of infrared radiation from the body, reducing the need for power-hungry air coolers; and WarmLife, which uses reflective technology to deliver unprecedented warmth with less material.

“With LifeLabs, we aim to create massive disruption in the way we think and use personal energy,” said Dr. Yi Cui, Stanford professor of materials science and engineering as well as co-founder of LifeLabs. “Our patented fabric not only feels amazing against the skin, but it works with the body to create a performance and design system that regulates temperature. It’s a game-changer in textile innovation.”

Earlier this month, LifeLabs added the Everyday Cooling t-shirt to its CoolLife product line. The world’s coolest t-shirt is the first thermally transparent polyethylene-based fabric that allows almost all of an individual’s infrared radiation to escape, creating a continuous cooling effect unlike any other garment on the market . By wearing items from the CoolLife collection, individuals can adjust their thermostat by three degrees Fahrenheit, which is estimated to save 400 pounds of carbon per household per year.

dr. Bo BaiChairman and Founder of Asia Green Fund, a leading green impact investment company based in the 4.5 billion population Asia market said: “We strongly believe that advances in technology will have a huge impact in tackling the climate crisis by enabling the individual to reduce their personal energy consumption. neutrality.”

About Life Labs:
LifeLabs™ is a materials science company based on textile patents from from Stanford advanced materials laboratory. LifeLabs™ bridges the gap between academic and scientific research and commercially viable textiles that create a more sustainable world. LifeLabs™ and the Textiles Life System™ introduce a unique suite of intellectual property and patents covering the environment of people, from mobility at home to work and sport. Patented LifeLabs™ textiles maximize comfort and performance while reducing energy on a personal and overall scale.

About the Asia Green Fund:
Asia Green Fund (“AGF”) is a private equity firm, with approximately $2.0 billion in assets under management, which specializes in the industrials and business services sectors, with a focus on technology-enabled green impact investments. Founded in 2016 under the name from Asia A pioneer in impact investing, AGF supports entrepreneurs and talented management teams in the commercialization of innovative technologies with localized business models, thus generating both attractive financial returns for investors and a positive ESG impact on society.

Media Contact:
Amy Pandya
R&CPMC
(310) 967-3418
[email protected]

SOURCE LifeLabs Design

Share.

About Author

Comments are closed.