#Recycling / Circular Economy

2021-07-08

H&M Group leads new investment round in Infinited Fiber Company

Infinited Fiber Company raises EUR 30 Million to fuel a circular fashion industry. H&M Group has also signed a multiyear sales deal to secure access to agreed amounts of its regenerated textile fiber Infinna™.

Existing investors, as well as new ones including Adidas and Bestseller, have joined H&M Group in backing the fast-growing fashion and textile technology company as it seeks to close the loop in fashion and make circularity an everyday reality.

Their pioneering technology used to turn waste into a new premium textile fiber, not only helps H&M Group in achieving its own sustainability goals, but also has the potential to have an impact that spans the entire textile industry.

This round of investment follows Infinited Fiber Company’s April announcement of plans to build a flagship factory in Finland in response to the strong growth in demand for its regenerated textile fiber Infinna™. This injection of capital enables them to carry out the work needed to prepare for the flagship factory investment and to increase production at its pilot facilities in the years leading up to 2024.

“We’re thrilled to continue our journey with Infinited Fiber Company. To be joined by other global brands clearly speaks to the shared belief in the scalability of their technology as well as the team behind it. More importantly, it also shows the huge potential that their regenerated textile fiber has in driving the industry towards a more sustainable fashion future.”

Nanna Andersen, Head of H&M CO:LAB, H&M Group

“These new investments enable us to proceed at full speed with the pre-engineering, environmental permits, and the recruitment of the skilled professionals needed to take our flagship project forward. We can now also boost production at our pilot facilities so that we can better serve our existing customers and also grow our customer-base in preparation for both our flagship factory and for the future licensees of our technology”.

Petri Alava, co-founder and CEO, Infinited Fiber Company

Having initially invested in them in 2019, and now involved in multiple initiatives together, this follow-up investment further builds on the exciting partnership between H&M Group and Infinited Fiber Company.

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

Industrial scale meets verified governance: RE&UP is now B Corp™ certified

RE&UP, the circular-tech transforming global textile waste into high-volume Next-Gen materials, has officially become a Certified B Corporation™. The milestone establishes the industrial recycler among a select group of manufacturing infrastructure providers verified as meeting B Lab Standards for social and environmental performance, transparency, and accountability.

Recover™ and Ünteks Group partner to scale recycled cotton in knitwear

Recover(TM), a global producer of low‐impact, high‐quality recycled cotton fiber, announces a new partnership with Ünteks Group, a vertically integrated textile manufacturer based in Turkey. The collaboration focuses on the development of circular knit fabrics and garments, combining Recover’s recycled cotton fiber with Ünteks Group’s integrated capabilities across knitting, dyeing, printing, and garment production.

ALADIN paves the way for circular and demand-driven textile production in Europe

Textile production can be organized sustainably by utilizing short supply chains and preventing overproduction. This can already be achieved today by intelligently connecting and efficiently utilizing existing infrastructure. At the same time, production becomes circular when innovative technologies and materials are used that enable high-quality recycling. The ALADIN research project, launched in May 2026 and co-funded with five million euros under the EU Horizon Europe program, is creating the conditions for this.

Ence and ShareTex begin initial testing of the ATENEA innovation project to promote textile recycling in Spain

Ence and ShareTex are making progress on the Atenea R&D project, which aims to develop a complete value chain for textile recycling in Spain. Specifically, the goal of the ATENEA project—which is funded by the Center for Technological Development and Innovation (CDTI)—is to connect all the necessary stages for the recovery of textile waste, from collection and management, through recycling and transformation into new raw materials, to their incorporation into new textile products.

C&S strengthens its governance to support its evolution

C&S announces the appointment of Marco Lucietti to its Board of Directors. With extensive international experience across the textile and denim industries, Lucietti will work alongside CEO Federico Corneli, contributing to the company’s managerial development, organizational structure and long-term strategic direction.