In a partnership between two impact-driven leaders in Spain, Impact Bridge, an asset manager specializing in impact investing, has completed a new transaction from its fund IB Deuda Impacto España with Ecoalf, the sustainable lifestyle brand that has been leading the transformation of the textile sector for over a decade.
Impact Bridge was founded with the vision of mobilizing capital toward projects that generate social and environmental value, proving that profitability and impact can go hand in hand. Ecoalf, founded in 2009 by Javier Goyeneche, was created to protect the planet’s natural resources and to build a sustainable lifestyle brand that drives change through every product.
In response to the fast fashion model — responsible for nearly 10% of global greenhouse gas emissions, more than aviation and maritime transport combined — Ecoalf offers a real, replicable, and activist alternative. With a clear vision of the planet’s limits and a strong commitment to conscious consumption, Ecoalf has established itself as a European leader in responsible textile innovation and circular design.
The agreement between the two organizations goes beyond financial support. It lays out a roadmap to strengthen Ecoalf’s social impact, including explicit commitments in the form of impact covenants that reinforce a shared ambition to contribute tangibly to a fairer and more sustainable economic model.
Maria Samoilova, head of the IB Deuda Impacto España fund and Managing Partner at Impact Bridge, stated:
“Ecoalf is not just a sustainable fashion brand — it’s a platform for change. We share a deep purpose, and this partnership is about scaling that purpose. Together, we want to demonstrate that a different textile industry is possible.”
Javier Goyeneche, Founder and President of Ecoalf, added:
“This agreement represents much more than funding. It’s the union of two organizations that believe in a better future and work to build it within their respective fields. Having a partner like Impact Bridge, who truly understands what impact means, gives us strength to continue challenging the status quo.”
This transaction adds to the fund’s growing portfolio of high-impact investments, which includes tuTECHÔ, Fundeen, ILUNION (Grupo Social ONCE), and Formació i Treball (linked to Moda re-), all focused on generating tangible social impact across Spain. With this new alliance, the fund reinforces its commitment to fashion as a key lever for change toward a more sustainable and inclusive economy.
DLA Piper and Araoz & Rueda acted as legal advisors on the transaction, while Abante Asesores served as financial advisor.
About ‘IB Deuda Impacto España’
Launched in July 2023 with the backing of MicroBank, IB Deuda Impacto España is a flexible private debt fund focused on capital preservation, aimed at financing social and environmental impact projects in Spain. Its areas of focus include rural development, job inclusion, climate and environment, circular economy, sustainable agriculture, and gender equality.
The fund is supported by leading institutional investors such as the European Investment Fund (EIF), MicroBank, Axis Participaciones (ICO Group), COFIDES, and other financial sector players. With a seven-year lifespan (three years of investment and four of harvesting), it is registered in Spain by the CNMV as a European Social Entrepreneurship Fund (EuSEF) and classified under SFDR Article 9, the highest sustainability category. Impact Bridge benefits from EIF support through its Alternative Lending for Sustainable Development instrument under Spain’s Recovery, Transformation, and Resilience Plan.
About Ecoalf
Ecoalf was founded in 2009 with the vision of halting the indiscriminate use of the planet’s natural resources to ensure the needs of future generations. Its mission is to create a new generation of recycled products with the same quality and design as the best non-recycled alternatives. Over the past 15 years, through R&D and innovation, Ecoalf has developed over 600 innovative recycled fabrics, recycled over 350 million plastic bottles, and repurposed tons of discarded fishing nets, used tires, and post-industrial cotton and wool — saving over 54 billion liters of water, regenerating 50,000+ m² of land, and reducing 12,500 tons of CO₂, with a commitment to net-zero emissions by 2030.
Around 70% of its collections are mono-material, preventing textile waste and advancing circularity. In 2015, the Ecoalf Foundation launched Upcycling the Oceans, a global initiative that started on Spain’s coast and removes marine litter from the seafloor with the help of 4,300+ fishermen, having recovered over 1,900 tons of waste to date. For every “BECAUSE THERE IS NO PLANET B®” item sold, 10% is donated to the Ecoalf Foundation. For every euro donated, 600g of ocean waste is removed.
Since 2018, Ecoalf has proudly been a Certified B Corp, and in 2022 was named “Best for the World,” ranking in the top 5% of over 5,000 B Corps globally. Ecoalf operates 10+ standalone stores (Madrid, Barcelona, Bilbao, Biarritz, Milan, and Tokyo), sells online at www.ecoalf.com, and is present in over 1,000 multi-brand stores with 50 corners at El Corte Inglés.
About Impact Bridge Asset Management
Impact Bridge is a Spanish investment management firm with over €400 million in AUM, specializing in high-quality impact investing focused on projects that generate authentic, intentional, and measurable impact. Founded in 2018, its team is composed of professionals with extensive experience in top-tier asset management, sustainable and impact investing, and academia. Its investor base includes both private institutional investors (pension funds, foundations, family offices) and public institutions such as the EIF, CDTI, COFIDES, and Axis (ICO Group).
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