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SurfStitch founder snags $42m from ABN AMRO for sustainable retail biz

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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Justin Cameron, the co-founder of online retailer SurfStitch, has snared $US27.5 million ($42.13 million) of funding from ABN AMRO in Europe for his ecological group of brands ranging from oat milk to cloth nappies.

Mr Cameron said getting this funding for his Think Better Group was an achievement in the current market where fundraising is proving to be extremely difficult for venture capital and private equity funds.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/surfstitch-founder-snags-42m-from-abn-amro-for-sustainable-retail-biz-20230807-p5dumk