As part of its Series A financing round, B-Corp certified sustainable luxury ready-to-wear firm Another Tomorrow has received a $2 million investment from Una Terra, a Swiss-based early development impact investment manager.
Another Tomorrow released a statement in which it stated that Una Terra's strategic investment will assist the womenswear label in scaling its growth and represents a commitment to "progressing innovation in the service of scaling circular economy solutions addressing biodiversity loss and climate change."
Luca Zerbini, the CEO and founding partner of Una Terra, will also become a member of Another Tomorrow's Board as a part of the agreement.
"Una Terra's unique understanding of the intersection of the consumer, sustainability, and circularity landscape makes them the ideal partner for Another Tomorrow," stated Vanessa Barboni Hallik, the founder and CEO of Another Tomorrow.
"They offer themselves as an ideal growth partner to bring size to our early proven foundations because of their lateral systems thinking approach to industry change and scalability, as well as their global reach. Luca will contribute significantly to our boardroom discussions to advance our worldwide leadership.