Fashion designer Stella McCartney has partnered with venture capital firm Collaborative Fund to launch the new Collab SOS fund, which will 'invest in sustainable solutions and founders for better business and a cleaner future', hoping to reduce the impact the fashion industry has on the environment.

McCartney shared the news on social media, posting 'I am proud to announce the launch of S🌎S fund in collaboration with my dear friend Craig from @CollabFund. Our $200M fund invests into cleaner businesses, founders and sustainable solutions - creating a brighter, more hopeful future for us all. I couldn’t be more excited for what’s to come!'.