As major sporting events continue to unfold, NOLT announces its first round of fundraising. This marks a strong momentum for the brand and, more generally, for responsible sports.
NOLT is a company from Nice founded in June 2020. It is committed to promoting a more environmentally friendly approach to sports. It offers clubs sharing this vision the opportunity to equip themselves with ecological and customizable products in their own colors, thanks to an innovative circular model. NOLT offers recycled and recyclable sports equipment, fully customizable, available online at affordable prices.
An Innovative Vision
Since 2020, NOLT has stood out with its eco-friendly and customizable technical textiles. The brand, dedicated to sports clubs, manufactures its clothing from plastic waste, adopting a circular model to recycle them at the end of the season, thus embodying their motto: “Nothing is lost, nothing is created, everything is transformed.” They are announcing their first round of fundraising.
This vision is encapsulated by the name NOLT, meaning “Nothing is Lost.” Since the beginning of the year, the National Volleyball League, Racing Club Cannes, and even the Eurockéennes de Belfort festival have shown growing interest in the brand. Several business angels from the world of sports and social impact have joined NOLT, facilitating a fundraising round of €500,000.
This fundraising aims to accelerate and structure the growth and impact of NOLT. “We were primarily looking for the right partners to support our ambitious development. There is still much to do and we count on each of them to help us calmly approach the next stage of our evolution,” said Paul Guinard, co-founder of NOLT.
A Promising Future
Santiago Lefebvre, co-founder and CEO of ChangeNOW, added: “NOLT is both a powerful vision and a team full of talent and conviction. The two main reasons to believe in the project’s success are present. The positive impact is embedded in the project’s DNA, advancing ambitions for a circular economy.“
With this fundraising, NOLT will strengthen its investments in digital, with a new brand platform and a 3D configurator being launched this month. The main goal is to enhance its offering to be more accessible. The growth of NOLT will also be structured thanks to the funds raised, with projects such as the Infinite Jersey Project, the R-SOCK Project, and the R-SHAPE Project.
NOLT embodies a new era in sports equipment, where performance and sustainability go hand in hand. With a clear vision and a strong sense of innovation, this company from Nice is redefining market standards. Their commitment to the environment, coupled with growing support from influential partners, propels NOLT towards a promising future. With a determination to establish the brand as a major player in today and tomorrow’s sports industry.
