Inexperienced Theme Applied sciences Raises $5.4 Million in Collection B2 Financing Spherical


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Inexperienced Theme Applied sciences Inc (GTT), supplier of water-free and PFAS-free textile ending, not too long ago introduced $5.4 million {dollars} raised in its sequence B2 financing. 

This inflow of capital will probably be used to develop GTT’s revolutionary water-free EMPEL™ efficiency applied sciences, which now embody the perfect sturdy water repellent (DWR) end out there, stain safety, a brand new expertise to maintain footwear dry, and the continued joint growth of water-free dye (WFD) with market main mill and model companions.  The distinctive expertise uniformly fuses PFAS-free chemistries to every fiber in a material.  EMPEL™   handled materials far exceed the efficiency of different aggressive C0 and C6 merchandise out there.

“We’re very happy with the engaged help from a educated funding group like Cottonwood Know-how Fund that understands GTT expertise and desires to create options for the rising environmental air pollution created by textile manufacturing,” mentioned Martin Flora, VP of Enterprise Growth with GTT.  “Laws just like the latest California Invoice (AB 1817) signed into regulation final month banning PFAS chemistries in textiles by 2025 are driving mills and types to undertake the GTT EMPEL™ answer extra quickly. Along with legislative strain, textile producers and attire manufacturers are beginning to understand that inefficient conventional water-based textile dyeing and ending strategies are extraordinarily wasteful in vitality, create enormous quantities of water air pollution, remediation prices and ship inferior efficiency in comparison with GTT’s EMPEL ™ water-free processes.”

The lead investor within the sequence B2 spherical;  Cottonwood Know-how Fund focuses on disruptive science-based innovations.   “Cottonwood invests in exhausting science and deep tech start-ups which can be poised to disrupt giant markets,” mentioned David Blivin, Managing Accomplice with Cottonwood. “We see actual alternative with Inexperienced Theme to turn into the brand new world trade normal for top efficiency, low influence textile ending, which is why we’re proud to put money into them.”

GTT additionally has the help from different knowledgeable funding teams like Phoenix Enterprise Companions that targets superior materials science applied sciences and Safer Made targeted on cleaner chemistry applied sciences to convey safer merchandise to the market.

The fast-growing textile and vogue industries are at the moment the second largest water polluters on Earth and Inexperienced Theme’s enterprise mannequin intends to alter that. By changing conventional water-based moist textile ending processes with environment friendly and water-free and PFAS -free EMPEL expertise, GTT and their licensing companions are straight lowering the quantity of water air pollution on this planet. The result’s cleaner, higher performing, and extra sustainable textile merchandise.


About Inexperienced Theme Applied sciences

Inexperienced Theme Applied sciences, Inc. is a textile innovation firm with the mission to create merchandise that out-perform present applied sciences whereas eliminating poisonous chemical compounds, water utilization, and air pollution. For extra info, go to https://greenthemetek.com.