What is LØCI?
Founded in 2021, LØCI distinguishes itself in the competitive footwear market by specializing in vegan luxury sneakers crafted from recycled, renewable, and biodegradable materials. The company emphasizes ethical manufacturing and sourcing within Europe, utilizing premium certified eco-materials, including recycled ocean plastic. LØCI's commitment to sustainability extends to its production model, adopting monthly cycles to minimize waste and donating 10% of online profits to wildlife conservation charities. This focus on environmental responsibility and premium product quality positions LØCI as a significant player in the burgeoning sustainable fashion sector.
How much funding has LØCI raised?
LØCI has raised a total of $4.6M across 1 funding round:
Angel/Seed
$4.6M
Angel/Seed (2022): $4.6M, investors not publicly disclosed
What's next for LØCI?
The recent major strategic investment signals a pivotal growth phase for LØCI. This capital infusion is expected to fuel expansion initiatives, potentially including scaling production capabilities, enhancing marketing efforts to broaden global reach, and further research and development into novel sustainable materials. LØCI's strategic direction appears focused on solidifying its market leadership in ethical luxury footwear and deepening its positive environmental impact.
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