Riyadh, Saudi Arabia — 23rd of October 2025

Collateral Good, in collaboration with Saudi Arabia’s Fashion Commission, IE University, Mohammed Bin Salman Nonprofit City “Misk City”, Entrepreneurs’ Community by Misk, and Proaltus Capital Partners, is proud to announce the launch of Saudi Fabric of the Future: Sustainability, Innovation & Investment, taking place on November 25th, 2025, at Misk City in Riyadh.

As the official host and partner, Misk City will serve as the platform for this forward-looking forum, reflecting its mission to champion creativity, sustainability, and innovation across industries. Positioned as a hub for knowledge exchange and collaboration, Misk City provides an environment where new ideas, entrepreneurial talent, and global partnerships can flourish.

This landmark forum will bring together global and local leaders in fashion, textiles, and investment to shape the future of a sustainable fashion and textile ecosystem in the Kingdom. By fostering collaboration across industry, academia, investors, entrepreneurs, and government, the event aims to position Saudi Arabia at the forefront of textile innovation and sustainable fashion solutions.

The forum will feature:

• Keynote sessions led by representatives from the government, global industry leaders, and venture capital, offering diverse perspectives on sustainability and innovation.
• High-level roundtables bringing together insights from investors, industry leaders, government representatives, and academia.
• A startup pitch contest, giving local startups the chance to present their innovations to leading investors, retailers, and decision-makers, with the opportunity to win awards designed to support their growth, provide mentorship, and offer unique learning and industry experiences.
• Networking opportunities connecting entrepreneurs, investors, and thought leaders.
• Knowledge exchange on innovation, industry challenges, and sustainable practices, fostering dialogue between global and local stakeholders in fashion and textiles.

Call for Startups

As part of the forum, Saudi Fabric of the Future is opening applications for its startup pitch contest. Early- and growth-stage companies developing solutions in sustainable textiles and fashion are invited to apply.

Selected startups will have the chance to present their solutions to a panel of senior investors, retailers, and industry leaders, and to compete for awards designed to accelerate their growth through mentorship, visibility, and tailored industry experiences.

👉 Applications are now open. Startups interested in participating can apply via https://tally.so/r/wkMKQM
Deadline: November 8th

Together, the partners aspire to attract investments into sustainable textile initiatives, foster a collaborative ecosystem for innovation, and create lasting connections between local talent and the global industry.

The Fashion Commission continues its efforts in enabling sustainability, through driving the transformation of Saudi Arabia’s fashion sector toward a sustainable future. By embedding sustainability principles, promoting responsible practices, and fostering innovation, the Commission plays a central role in shaping an ecosystem where creativity and sustainability thrive hand in hand. Its efforts focus on empowering local talent, mobilizing investment, and aligning the Kingdom’s fashion industry with global sustainability standards.

“This initiative reflects our shared vision of a sustainable and innovative future for the fashion industry in Saudi Arabia, while strengthening global ties in the textile sector. By empowering innovators, investors, and entrepreneurs to collaborate on transformative initiatives and solutions, we are laying the foundation for a fashion ecosystem that is globally impactful and environmentally responsible.” said Burak Cakmak, the CEO of the Fashion Commission.

“We’re proud to partner with the Fashion Commission, Misk City, Entrepreneurs Community by Misk, IE University, and Proaltus Capital Partners to bring our global investment experience in sustainable innovation to the discussion. As a leading venture capital firm in this space, we believe the Kingdom and the wider region have all the ingredients to build a truly sustainable future. We look forward to engaging with investors and entrepreneurs who share this vision,” said Michael Kleindl, Founder & Managing Partner at Collateral Good.

Saudi Fabric of the Future is not only a milestone event in the Kingdom’s fashion and textile calendar, but also a catalyst for investment, innovation, and sustainable growth.

Event Date: November 25, 2025
Location: Mohammed Bin Salman Nonprofit City “Misk City”, Riyadh, Saudi Arabia

About Collateral Good:

Collateral Good is a Zurich-based multi-strategy investment firm committed to addressing environmental challenges through high-impact investments. Our mission is to transform polluting industries—such as food, packaging, and textiles—into sustainable systems that benefit planetary, human, and animal health. We invest in world-class entrepreneurs and breakthrough innovations that have the potential to reshape entire industries and accelerate the transition to a more sustainable future.

More information: www.collateralgood.eu

About the Fashion Commission:

Founded in 2020, the Fashion Commission is leading the development of the Kingdom’s fashion sector. By driving investment and building robust regulatory frameworks, the commission is supporting the next generation of Saudi fashion talent as they aspire to reach their full potential. The commission is enabling the sector while preserving the Kingdom’s vast heritage in fashion and empowering Saudi fashion designers. Together with the Ministry of Culture, the commission is working to unlock a thriving cultural sector to preserve and elevate the traditions that make the Kingdom unique.

More information:  https://fashion.moc.gov.sa/en (English)

X: @FashionMOC | Instagram: @fashionmoc

About IE University:

IE University is a global institution shaping future leaders through innovative programs rooted in entrepreneurship, international perspective, and human-centered learning. With over 500 international faculty members and students from more than 90 nationalities, IE offers Undergraduate, Master’s, Doctorate, and Executive Education programs. Its 40,000+ alumni hold leadership positions in over 100 countries.

More information: www.ie.edu

About Mohammed Bin Salman Nonprofit City «Misk City”

The first nonprofit city of its kind, founded to host the ecosystem of Mohammed bin Salman Foundation «Misk”. It is a vibrant and innovative ecosystem within a human-centric city focused on youth. Here, young and creative minds live, learn, share, and progress towards a sustainable tomorrow. Misk City is a purpose-built destination that aims to contribute to the growth, development, and prosperity of Saudi youth, aligning with the goals of Misk.

For more information: www.miskcity.sa

About The Entrepreneurs Community by Misk:

The Entrepreneurs Community (EC) program is a dynamic platform, both physically and digitally, built to accelerate the growth and visibility of startups and entrepreneurs. It fosters a culture of knowledge sharing, empowerment, and collaboration, creating meaningful impact and value for its members. Participants benefit from access to exclusive opportunities, expanded network and exposure, and tailored guidance to support their growth journey. Within EC, dedicated sub-communities serve distinct ecosystem stakeholders, such as investors, mentors, and other key enablers.

More information: refer to their Impact Report

About Proaltus Capital Partners:

Founded in 2012 in Madrid, Proaltus Capital Partners is a multi-family office dedicated to strategic planning and investment management. The firm focuses on comprehensive wealth management and investment oversight for families and institutions, helping clients achieve their long-term goals. Leveraging a global network of partners, Proaltus provides access to diverse investment opportunities through relationships with over 100 institutional and specialized managers. Its independent approach prioritizes trust, transparency, and intelligent, responsible growth.

More information: www.proaltus.com

Media & Contact Information

For media inquiries, applications, and partnership opportunities, please contact:

For applications: https://tally.so/r/wkMKQM

For press & partnerships: contact@collateralgood.eu