Gen phoenix secures $15m investment round as tapestry expands strategic partnership with supply agreement

Peterborough, england , july 15, 2025 /prnewswire/ -- gen phoenix, a leading sustainable recycled leather fiber material manufacturer at scale, today announced a new chapter in its ongoing partnership with tapestry, inc. (nyse: tpr)—the house of iconic brands including coach, kate spade, and stuart weitzman. the partnership includes a three-year, contracted supply agreement, along with an increased investment from tapestry as part of gen phoenix's $15 million series round led by venture capital firm, material impact.
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