Patagonia, Inc. is a Ventura, California-based clothing company is a designer of outdoor clothing and gear retailer has made a tactical investment through its $20 Million & Change fund in Denver-based CO2Nexus Inc.’s TERSUS® textile and garment processing system, which uses liquid carbon dioxide (CO2) instead of water to clean, purify and coat textiles.
The Tersus system offers 20- to 30-minute cycle times, and does not call for a separate dryer. In addition, over the course of repeated washings, Tersus provides outdoor and other apparel items with benefits including down loft enrichment; water repellency; and color, size and fit consistency. According to Patagonia the system has negligible environmental impact compared to traditional textile processing methods, which use large amounts of energy and water.
CO2Nexus is a great fit for $20 Million & Change fund, which was launched in 2013 by Patagonia to help innovative startup companies implement solutions to the environmental crisis through business. Patagonia plans to help entrepreneurs and innovators succeed in working with nature rather than using it up.
According to Patagonia CEO Rose Marcario, CO2Nexus is a young company using business and innovation to bring about positive benefits to the environment. Patagonia is proud for investing in their success.
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