Rothy’s, valued at $1 billion after its $200 million Series C led by Alpargatas in December 2021, has raised a total of $242 million. Founded in 2012 and headquartered in San Francisco, the company creates sustainable, machine-washable shoes and bags made from recycled plastic bottles using proprietary 3D knitting technology. With 193 employees, Rothy’s combines fashion, technology, and sustainability to reduce waste and carbon footprint while expanding its eco-friendly product lines for the modern consumer.