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Controlling stake in Pangaia acquired by Abu Dhabi royal family's firm

Chloe Burney
23 January 2025

Pangaia has today announced that Royal Group, an investment holding company led by the Abu Dhabi royal family , has acquired a controlling stake in the eco-conscious fashion brand.

Pangaia, renowned for its innovative approach to creating responsible materials, was founded in 2018 by Miroslava Duma, who started the business with a mission "to ensure every product it produces is better for the planet than if it did not exist".

Royal Group's investment will help to strengthen Pangaia’s financial and operational foundation, accelerating the brand’s ambitions in scientific innovation and advancing the global conversation on sustainability.

The investment firm is on a mission to propel the industry with forward-thinking ventures that embody innovation and social impact.

Miroslava Duma, one of the founders of Pangaia, said: "Pangaia was founded as a platform for launching and scaling next-generation materials, with the mission of bringing problem-solving innovations to the world. The investment from Royal Group marks a significant milestone of celebrating our fifth anniversary. Their commitment to Pangaia’s mission and expertise in driving sustainable growth make them the perfect strategic partner as Pangaia embarks on its next chapter.

"We are proud to welcome Royal Group to lead and advance this shared vision for a transformative and responsible future for our industry going forward."

This follows Panagaia's first standalone bricks-and-mortar store opening in the UK. Located at 57 Carnaby Street, the 1,500 sq ft space Is home to the environmentally conscious collection of fashion and lifestyle products including the brand’s range of genderless adult and kids’ styles in bright and neutral shades.


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