{"id":195167,"date":"2022-02-02T10:35:15","date_gmt":"2022-02-02T10:35:15","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=195167"},"modified":"2022-02-02T20:34:09","modified_gmt":"2022-02-02T20:34:09","slug":"sustainable-activewear-brand-tala-raises-4-2-million-to-develop-business-inventory","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/sustainable-activewear-brand-tala-raises-4-2-million-to-develop-business-inventory\/","title":{"rendered":"Sustainable activewear brand TALA raises \u00a34.2 million to develop business inventory"},"content":{"rendered":"<p><strong>Sustainable activewear brand TALA has raised \u00a34.2 million in funding, co-led by Active Partners and Venrex to support the brand's growth<\/strong>.<br \/>\n<!--more--><\/p>\n<p><strong>Founded by fitness entrepreneur and influencer Grace Beverley in 2019<\/strong>, TALA's mission is to create sustainable and high-performance activewear, without the hefty price tag. With a focus on ethics, sustainability and transparency, <strong>TALA's products and packaging are made with upcycled, recycled and natural materials<\/strong>.<\/p>\n<p>The \u00a34.2 million investment will be <strong>used by TALA to<\/strong> <strong>develop inventory, hiring new staff and pursing international growth<\/strong>.<\/p>\n<p>Other investors include venture capital trust Pembroke, Deciem CEO and Founder Nicola Kilner, Peanut CEO and Founder Michelle Kennedy and Simon Mottram, founder of sportswear and lifestyle brand Rapha.<\/p>\n<p>In an announcement on Instagram, Grace Beverley, said: \"I could not be more excited to announce that @wearetala has raised \u00a34.2 million to take our disruption of the activewear industry to the next level.<\/p>\n<p>\"It\u2019s become increasingly clear to us that we have everything it takes to take on this industry. So, in August, after six weeks of pitching for ~10 hours a day and modelling our next three years to show where every penny of funding would go, we ended the round with six term sheets and a huge smile on my face.\"<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":195194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10488,10585,6,12969],"tags":[9951,11222,17146,22769,19323,15901,9952,22768],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sustainable activewear brand TALA raises \u00a34.2 million to develop business inventory - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Sustainable activewear brand TALA has raised \u00a34.2 million in funding, co-led by Active Partners and Venrex to support the brand&#039;s growth. 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