Material Innovation Initiative: Annual Report 2022

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Since its inception in 2019, Material Innovation Initiative (MII) has focused on a vision for a better world: a world where the materials we interact with every day—from our clothes and shoes to our sofas and car seats—are produced in a way that allows animals, the planet, and future generations to thrive.

This year was full of firsts and new beginnings for MII. Here are a few highlights from our 2022 Annual Report:

We held our first Material Innovation Conference, which convened hundreds of industry leaders and explored opportunities in accelerating the development and commercialization of next-gen materials. The conference was held over two days, with 74 expert speakers, more than 340 attendees, and 150 networking meetings.

We launched the Environmental Data Coalition, a group of more than 40 scientists, investors, material companies, and brands who are committed to solving the next-gen materials industry’s greatest sustainability evaluation challenges.

We founded the Next-Gen Materials Committee at GlassWall Syndicate and educated more than 250 investors about opportunities in next-gen materials.

We developed our Next-Gen Synthetics Initiative, owing to our growing understanding of the profound impact petroleum-derived synthetic materials have on our planet and trillions of its inhabitants.

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A few other exciting programmatic achievements: In 2022, we saw more than $455M invested in next-gen material companies. We held more than 760 meetings with leading brands, material companies, investors, and other key stakeholders. We brought on 15 new staff, board members, and advisors. 

We continue to collaborate with scientists, startups, brands, and retailers to accelerate the development and accessibility of high-performance, animal-free, and more sustainable materials. Check out our 2022 Annual Report to learn more about our accomplishments and increasing impact.

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