We hope you will be inspired to learn more about the next-gen materials industry after your journey through the stories and triumphs that fill MII’s 2023 Annual Report. Our stories reflect the promise and uniqueness of the next-gen materials industry, representing an awe-inspiring blend of beauty, nature, innovation, and technology. A few highlights:
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Since our founding in December of 2019, we have helped inspire more than 2.31 billion USD in investments into next-gen materials, and 504 million USD in 2023 alone.
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Our 2023 research on U.S. consumer perceptions of next-gen materials demonstrates that the vast majority of U.S. consumers (92%) surveyed are likely to purchase next-gen products, representing an enormous opportunity for brands and other stakeholders to profit.
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Brands are experiencing commercial success through their collaborations with next-gen innovators and in-house innovations. One of the most exciting industry developments in 2023 came from the luxury brand Gucci, which developed a next-gen leather called Demetra. Gucci received wide acclaim from the press for partnering with musician activist Billie Eilish to promote its iconic 1955 Horsebit bag in Demetra leather.
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We were appointed by the New York City Mayor’s Office to serve on a task force that is responsible for sourcing more sustainable and humane materials for the entire city, including materials for office furniture, fire department uniforms, and MTA seats.
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We increased the visibility of next-gen materials through our events across the world, from Israel to Malaysia, and through mainstream press and publications that have a combined readership of more than 100 million.
All of the achievements in our report were only made possible through the support of generous donors, savvy investors, ingenious innovators and scientists, and forward-looking brands. Together, we are creating a more sustainable, humane, and beautiful world.
Download our annual report below to learn more about our achievements and impact in 2023.