#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.

Indovinya advances sustainable solutions with agreement for the supply of renewable Oxygen from Air Liquide

Indovinya, the specialty chemicals and surfactants division of Indorama Ventures, has entered into an agreement with Air Liquide — a world leader in gases, technologies, and services for industry and healthcare — for the supply of renewable oxygen. The agreement represents a strategic advancement in Indovinya’s commitment to sustainability, as it increases the share of renewable raw materials in the production of ethylene oxide, one of its key products.

DyStar releases FY2025 sustainability report, marking a new milestone towards its 2030 targets

DyStar, a leading specialty chemicals company with more than a century of expertise in product development and innovation, today announced the release of its FY2025 Sustainability Report, marking a significant milestone in its sustainability journey and reinforcing its commitment to long-term value creation.

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.