AltMat has just closed a landmark funding round, attracting investment from Rainmatter by Zerodha, H&M Group, Turbostart and Fashion for Good. The round marks two major debuts: H&M Group’s inaugural investment in next-generation material innovation in India and Rainmatter’s first foray into textiles. More from Sourcing Journal In a one-two move, the materials science company turns agricultural residue into natural textile fiber, addressing the dual problem of both agri-waste and textile materials pollutio ...