PARIS — San Francisco-based materials start-up Rubi has closed a $7.5 million funding round and secured more than $60 million in multiyear off-take term sheets with leading fashion and consumer goods brands, signaling a step toward industrial-scale commercialization. H&M Group participated in the round, which was also led by AP Ventures and FH One Investments. Other participants included Talis Capital and CMPC Ventures. More from WWD The fresh capital will help scale Rubi’s production system and accelera ...