Financing of €3.5M (CHF 3.2M) led by Collateral Good Textile & Fashion Innovation Fund with participation from existing investors. Company focuses on patented recyclable textile solutions, Technology Readiness Level 8, participates in EU and Swiss circularity research projects, and filed two additional patents. Specific round type and valuation not disclosed.
About CLIMATEX
Swiss textile technology company developing circular, fully recyclable high-performance fabrics and modular textile design solutions to eliminate textile waste and enable design-for-disassembly across apparel and interior textile markets.
Altendorf, Switzerland
Read Company ProfileFrequently Asked Questions
What type of funding round did CLIMATEX raise?
CLIMATEX raised a unspecified round.
How much did CLIMATEX raise in its unspecified?
CLIMATEX raised $3,500,000 EUR in its unspecified.
Who invested in CLIMATEX's unspecified?
The investors in CLIMATEX's unspecified are: Collateral Good Textile & Fashion Innovation Fund, existing investors.
What type of investment was CLIMATEX's unspecified?
CLIMATEX's unspecified was a equity investment.
How will CLIMATEX use the funds from its unspecified?
CLIMATEX plans to use the funds for: strengthen sales, strengthen marketing.