A little under a year ago, we launched FTL as Fashion Tech Lab and have since transformed it into Future Tech Lab (FTL). We realized that the impact of innovation in materials science and technology goes beyond the fashion industry and into automotive, healthcare, aerospace and many others. Throughout this journey, fashion has remained one of our founding pillars and the perfect platform to launch new trends, technologies and innovations for the other industries to follow.
With the launch of FTL, we also attracted US$50 million in committed capital from international private and institutional investors. During this time, we came across over 90 exciting investment opportunities and exclusive deals. Having conducted a thorough initial review of each opportunity, and done our full technical and financial due diligence on over 25 ventures, we have invested in 7 promising companies, which include:
Diamond Foundry – above ground diamonds with zero carbon footprint; Hydrop – functional nano-cosmetics for apparel and footwear; Dropel Fabrics – performance based natural cotton fibers and fabrics; Vitro Labs – the first animal and environmentally friendly lab grown luxury leather; Bolt Threads – next generation of performance fibers, fabrics and luxury products that represent cutting-edge technology in science, while raising the bar for quality, performance and design. Worn Again – textile to textile recycling technology that can separate and recapture polyester; and Evrnu – recycling technology which invented a regenerative fiber made from post-consumer cotton textile waste. We believe that these pioneering companies are among many others that have the potential to lead the transition of the fashion and apparel industry towards a more sustainable future by maximizing the positive impact of innovation in the fields of science and technology.
Over the past few months, through the FTL investment pillar, we have had the unique chance to investigate and explore this emerging materials science industry and evaluate its true potential to accelerate our world towards a brighter future.
Disclaimer: No offer. The information contained on this website constitutes neither a solicitation, nor a recommendation, nor an offer for buying or selling, or to engage in any kind of transaction in relation to FTL or otherwise.
Beyond today’s vision - positive impact on tomorrow.
The Woolmark Company partnered with Future Tech Lab to power the new Innovation Award for the International Woolmark Prize, bridging the gap between new technologies, sustainable innovations and luxury fashion. The International Woolmark Prize is the world’s most prestigious award for rising fashion stars, and spotlights outstanding fashion talents from around the globe who showcase the beauty and versatility of Merino wool. The Woolmark Company and Future Tech Lab spent the past 5 months drawing on the expertise in sourcing, supply chain and sustainability to educate and empower 12 finalists through a dedicated mentorship program.
The 2018 Internal Woolmark Prize winners were announced at a special event during Pitti Uomo at Stazione Leopolda in Florence on the 9th of January. This year’s prize was judged by some of the world’s most respected designers, editors, fashion buyers and entrepreneurs including Elizabeth Von Guttman, Emanuele Farneti, Julie Davies, Livia Firth, Nonita Kalra, Phillip Lim, Riccardo Vannetti, Sarah Mower, Stuart McCullough, FTL Founder and CEO Miroslava Duma, as well as representatives from the International Woolmark Prize retail partner network.
The Innovation Award aimed to find the most creative and innovative approach to wool fabrication and was presented to the finalist who demonstrated the most exciting way to help reduce its negative social and environmental impact. This year, the USA’s DYNE won the inaugural IWP Innovation Award and will receive $100,000 along with valuable commercial opportunities.
The DYNE collection by Christopher Bevans includes zip-up hoodies, track pants, trench coats and pullovers crafted from Merino wool ranging 17 and 19,5 microns. As for the other features, the designer added reflective overlays and inserts, functional pocket zips, laser-cut details and in certain instances two-way stretch. The collection also included a technical snowboarding wardrobe with an NFC chip. The chip is embedded into the water-resistant wool jacket and enables to tracks users in avalanches and ultimately bridge the gap between the brand and the consumer.
Winners of the IWP for menswear and womenswear 2017/2018 became Matthew Miller and Bodice - from the British Isles and India.
The entire global fashion industry gathered on October 2nd, 2017 at the Google Arts & Culture Lab in Paris to celebrate the launch of Future Tech Lab. Miroslava Duma and Stella McCartney hosted an evening cocktail in celebration of the industry-wide launch of Miroslava’s disruptive new umbrella platform, Future Tech Lab, bringing the most innovative technologies to Paris from all over the world, including Silicon Valley and Europe.
Over 400 guests from the worlds of fashion, finance, technology, and sustainability, attended the event, including members of the FTL advisory board – Diane Von Furstenberg, Carmen Busquets, Livia Firth, Alexandre Arnault (Rimowa), Diego Della Valle (Tod’s), mentors Ian Rogers (LVMH), philanthropist and model Natalia Vodianova, and creative business consultant Julie Gilhart.
Guests also included Francois-Henri Pinault (Kering), Salma Hayek (actor and producer), Delphine Arnault (LV), Donna Karan, Jose Neves (Farfetch), Christian Louboutin, Azzedine Alaia, Jonathan Saunders (DVF), Pierpaolo Piccioli (Valentino), Maria Grazia Chiuri (Dior), Alber Elbaz and many others.
On October 2nd 2017, during Future Tech Lab Launch event which took place at the Google Arts & Culture Lab in Paris, motivated by the shared vision to bridge fashion, technology, and the science of sustainability, Future Tech Lab showcased 7 truly revolutionary technologies, including:
In a quest to deepen the meaning and purpose of clothing, style insider Miroslava Duma is bringing science into the equation.
I first met Miroslava Duma in Los Angeles through an introduction from my good friend Ian Rogers, currently LVMH’s chief digital officer. He had a feeling that Mira and I would hit it off—and he was right. Over breakfast at Petite Ermitage, I quickly recognized that one of Mira’s great superpowers is her ability to connect people from seemingly disparate worlds who wouldn’t otherwise collide. Future Tech Lab, the venture capital fund and tech accelerator she recently launched, is proof of that.
The Russian entrepreneur’s mission is to bring together the worlds of technology and luxury. But do they want to be connected?
Miroslava Duma, a 32-year-old Russian entrepreneur with a low, earnest voice and an even lower elevation (she just pips 5ft in her Nikes), is describing some of the technological innovations that she says will bring about the “fourth industrial revolution”. New fabrics made from orange peel, including a silk of “Hermes quality” fabricated from the waste pulps of the world’s biggest juice manufacturers; lab-mined diamonds, grown under carbon heat to be technically identical to the real thing but which can grow up to “16 carats in two weeks”. Then there’s the fabric made with milk protein, “which feels like the best cashmere, is 100 per cent breathable, and keeps moisturising your body while you’re wearing it”.
The founder of Buro 24/7 is setting up a hybrid venture that is part investment fund, accelerator and experimental laboratory to commercialise new technologies and sustainable innovation for the fashion industry.
LONDON, United Kingdom — BoF can exclusively reveal that Miroslava Duma has launched a new venture that funds, connects and develops cutting-edge technologies and sustainable innovation with the aim of transforming the fashion industry. Investment targets will focus on the fields of materials science, biotech, nanotechnology, wearable electronics and high–performance fibres and fabrics.