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Sourcing Journal

Another Tomorrow Receives $2M From Una Terra

Alexandra Harrell
2 min read
  • Una Terra, an early growth impact investment manager, has invested $2 million in sustainable luxury brand Another Tomorrow as part of its Series A financing round.

Una Terra invests in underfunded industries under pressure to change.  

And now, the Swiss-based early growth impact investment manager has invested $2 million in  Another Tomorrow , a fellow  B Corp  focused on sustainable luxury ready-to-wear, as part of its Series A financing round. As such, Luca Zerbini, founding partner and CEO of Una Terra, will join Another Tomorrow's board of directors.

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"Fashion represents a significant environmental challenge: it is systemically extractive and a huge driver of negative externalities throughout the supply chain, from soil health to  plastic pollution  to carbon emissions," Zerbini said. "It's refreshing to see a luxury brand implementing a systems-thinking approach to creating a comprehensive  circular business model ."

Another Tomorrow said the funding from Una Terra underscores both B Corp's "unwavering commitment to progressing innovation in the service of scaling circular economy solutions addressing  biodiversity loss  and climate change."

"Una Terra's unique understanding of the intersection of the consumer, sustainability and circularity landscape makes them the ideal partner for Another Tomorrow,"  said Vanessa Barboni Hallik , founder and CEO of  Another Tomorrow . "Their lateral systems thinking approach to industry transformation and scalability, in addition to their global reach, positions them as an optimal growth partner to scale our early proven foundations. Luca will be an invaluable thought partner in our board room to help further our global leadership."

Barboni Hallik—a former  Morgan Stanley  managing director—founded the New York-based luxury label with the "vision of industry transformation," built on the foundation of circularity and digitalization. And Una Terra's pan-European positioning supports the globalization of Another Tomorrow's commercial and impact goals, the company said, as the strategic investment "sits at the heart" of the  European innovation  and sustainability landscape.

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"I think we have a good understanding of both sides of the Atlantic Ocean and Another Tomorrow is entering from the UK so the language and the way of working in business are very similar," Zerbini said. "We also have patterns in London,  Amsterdam , Stockholm, Germany, France, Italy that can really help with the introduction to both retailers and partners to accelerate the entry in the market for Another Tomorrow."

Since its founding in 2020, Another Tomorrow has reached customers in 56 countries through distribution partners like  Net-A-Porter , Neiman Marcus,  Moda Operandi , and Saks. The luxury label has garnered attention from celebrities, including Angelina Jolie and  Meghan Markle , the Duchess of Sussex.

"In stark contrast to the prevailing  fast fashion , Another Tomorrow sources farm-based responsibly grown material, adopts short and transparent supply chains, has a proprietary tech stack and comprehensive utilization of  digital IDs , enabling tracing of origin,  anti-counterfeiting  and certified resale," Zerbini said. "Another Tomorrow truly serves as a beacon of positive change for an industry ripe for transformation, and better aligned with the values of the new generation."

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