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Textile Innovation Fund invests in sustainable textile dye solutions company Nature Coatings

LOS ANGELES – The Textile Innovation Fund acquired a majority stake in Los Angeles based Nature Coatings Inc. The cleantech company transforms wood waste into high performing black pigments. With the investment Nature Coatings will further improve their eco-friendly manufacturing process. A closed-loop and a circular system, with wood waste sourced from sustainable FSC certified…

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Textile Innovation Fund invests in sustainable Swedish fashiontech company We aRe SpinDye®

Textile Innovation Fund (Netherlands), Social Impact Ventures (Netherlands) and Bestbase Group (China) invest 3 million euros and their active involvement in We aRe SpinDye®. The Swedish fashion-tech company developed a sustainable coloring method for synthetic textiles, drastically reducing the massive negative environmental impact involved in the traditional dyeing process. The global textile industry is accountable for significant negative environmental…

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