Neuthread Secures $1.9M Investment From The National Lottery Community Fund to Launch Circular Fashion Facility

Deal Summary

Neuthread, a charity‑led fashion brand, secured £1.5 million (≈$1.9 million) investment from The National Lottery Community Fund to build a pioneering circular fashion manufacturing facility in the North East of England. The funding will support waste‑reduction, training, volunteering and employment initiatives, and help create an ecosystem of brands, manufacturers and retailers focused on repurposing textile waste. Neuthread will also headline the Source Catwalk in July.