#Textile chemistry

2024-11-07

Green Theme Technologies closes $6 million series C funding round

Green Theme Technologies, Inc. (GTT), a leader in sustainable textile and materials science, is pleased to announce the successful closing of a $6 million Series C funding round. This funding will accelerate GTT’s mission to transform the textile industry with its EMPEL® high-performance, sustainable technology. Leading the round were Pangaea Ventures and Cottonwood Technology Ventures, two venture firms known for supporting breakthrough innovations in advanced materials and sustainability.

GTT’s cutting-edge PFAS-free and water-free technologies provide sustainable alternatives to traditional textile treatments, eliminating harmful chemicals and drastically reducing water use. The Series C investment will enable GTT to expand its development capabilities, scale its technology, and meet the growing demand for sustainable solutions within the footwear, apparel, and military markets. The new funding will also drive continued RCD efforts to refine GTT’s product offerings and bolster the company’s global impact.

“We are delighted to partner with investors who share our commitment to environmental stewardship and innovation,” said Tom Lopez, CEO of Green Theme Technologies. “With this investment, we are well-positioned to accelerate our growth, advance our technologies, and drive meaningful change in the textile industry. Our solutions offer an effective way for manufacturers to produce high-performance products without sacrificing sustainability, and we are excited to expand this impact.”

Lead investor Pangaea Ventures specializes in hard tech investments with a focus on Planetary Health. With a track record of identifying and nurturing high-impact startups, Pangaea Ventures is committed to advancing innovation for a sustainable future. Established in 2000, Pangaea Ventures operates globally with offices in Phoenix, AZ, Vancouver, BC, and Tokyo, Japan. “Green Theme Technologies has developed a remarkable solution that meets an urgent need within the industry,” said Chris Erickson, General Partner at Pangaea Ventures. “As lead investors, we’re proud to support a company pushing the boundaries of what’s possible in sustainable manufacturing.”

Cottonwood Technology Funds, known for investing in high-potential companies focused on science and engineering innovation, expressed similar enthusiasm for GTT’s growth trajectory. “GTT’s EMPEL® technology aligns perfectly with our mission to invest in companies creating impactful solutions,” said Dave Blivin, Managing Partner at Cottonwood Technology Ventures. “Their approach to eliminating toxic PFAS from the textile production process is groundbreaking, and we are excited to support their expansion and success.”

This funding round signals a strong endorsement of GTT’s technologies and its vision of a more sustainable future for the textile industry. The support from Pangaea Ventures, Cottonwood Technology Ventures, and other investors will enable GTT to meet the urgent needs of manufacturers and consumers for sustainability without sacrificing performance.

Green Theme Technologies is committed to furthering its role as a global leader in sustainable innovation, with solutions that protect the planet and drive a more responsible future for textiles and beyond.

Courtney Harold joins Green Theme Technologies as Head of Marketing

Green Theme Technologies (GTT) is pleased to announce the appointment of Courtney Harold as Head of Marketing. With over 25 years of experience in the textile, apparel, and footwear industries, Courtney brings a proven track record of transforming complex challenges into clear, actionable strategies that drive growth and product innovation.

SOKO presents low-impact denim finishing innovations at Denim PV Milan

SOKO will present a range of sustainable denim finishing technologies and collaborative projects at the upcoming Denim Première Vision Milan on 20–21 May in Milan. At booth G27 in Superstudio Più, the company will showcase new chemical solutions designed to combine fashionable denim effects with reduced environmental impact.

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

ReHubs elects new Board of Directors to lead the next phase of ReHubs’ strategy to recycle 2.7 million tonnes of textile waste annually by 2035

ReHubs has elected its new Board of Directors, marking an important milestone as the industry alliance continues to accelerate the industrial scale-up of textile-to-textile recycling across Europe. The election took place during the ReHubs Annual Event in Brussels on June 23rd, held alongside the Textile Recycling Expo and Future Fabrics Expo. The newly elected Board combines expertise from across the textile value chain, reflecting ReHubs' collaborative approach to solving the industry’s textile waste crises.

Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

Reju, the company specializing in textile regeneration, today announced the opening of a Research and Development (R&D) Center in Conshohocken, Pennsylvania, the company's first proprietary research center in North America. Located within Technip Energies' existing Advanced Materials and Catalysts research center, the lab will allow Reju to accelerate the rollout of its recycling technologies and develop its next-generation circular solutions.