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Lenzing advances sustainability goals with investment in renewable energy

Lenzing is investing in a new wind farm, WLK energy, which involves purchasing around 13 megawatts of wind power through…

6 months ago

Evolved By Nature raises US$120m investment

Evolved By Nature, the business developing a library of Activated Silk molecules from natural silk protein, announced that it has…

2 years ago

Seaweed yarn maker Algiknit secures US$13m investment

Biomaterials company, AlgiKnit, which makes yarn from kelp seaweed, has announced that it has secured US$13 million in a Series…

2 years ago

EURATEX welcomes EU ambitions to act on sustainable textiles and investments

The European Commission (EC) has issued its long-awaited sustainable textile strategy, with the goal of moving the industry toward sustainability.

2 years ago

Polybion secures investment of US$4.4 million led by Blue Horizon

Polybion announced today that its world-first bacterial cellulose facility is scaling up production and the successful closing of a US$4.4…

2 years ago

Onloan fashion rental to put business on hold as founders seek investment

Fashion rental service Onloan, which launched pre-COVID-19 and traded throughout the lockdown, is to put its business on hold from…

2 years ago

TrusTrace secures a $6 million series A investment

Stockholm-based Supply chain solutions provider TrusTrace, announced today a $6 million growth investment led by Industrifonden and Fairpoint Capital.

3 years ago

BRI countries all set to procure investments in textile industry from China

China will step up efforts to boost investment in the textile industry in B&R countries, according to the CNTAC.

5 years ago

$250 Million investment In Andalusia Fiber Manufacturing Facility

The project includes construction of new and expanded building assets and installation of substantial amounts of new manufacturing equipment. The…

5 years ago