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.
2025.07.30

Goldwin Play Earth 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, and by the exceptional quality of cycora® as a next-generation material. It also deepens Goldwin Inc.(“Goldwin”)’s commitment to sustainability by integrating regenerated materials into its performance and outdoor product lines.
Goldwin 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, where innovation, performance, and circularity exist in complete harmony.
◼️Comment by Shay Sethi, co-founder and CEO of Ambercycle
“Bringing cycora® to Japan offers a great opportunity to reach a market known for its precision, craftsmanship, and technical innovation, 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.”
About Ambercycle, Inc
Ambercycle is the ecosystem for circular textiles. Founded in 2015, this Los Angeles-based company is transforming the fashion industry with its award-winning molecular regeneration technology. cycora® regenerated polyester is the company’s first premium material solution made from end-of-life textiles. Driven by the vision to improve humanity’s relationship with materials, Ambercycle is minimizing the environmental impact of raw material extraction and paving the way to decarbonize fashion.
- Company Name
- Ambercycle, Inc
- Location
- 2611 W Exposition Blvd, Los Angeles,
- Representative
- Shay Sethi
- Established date
- 2015
- Business Contents
- Development and sales of regenerative polyester fiber, cycora®
- URL
- https://www.ambercycle.com/
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
Ignition Point Venture 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