[pageLogInLogOut]

#Textiles & Apparel / Garment

Asteks and Nexrone launch global investment initiative

Westure Ventures established in the Netherlands

Asteks Chairman & CEO Emre Akman and Nexrone Founder Ersoy Soyer © 2025 Asteks
A new joint investment company, Westure Ventures, has been founded by Asteks and Nexrone to focus on the development of next-generation transformative technologies. Türkiye’s long-established industrial powerhouse Asteks and one of the rising innovative forces in Europe’s startup ecosystem Nexrone Global announced the launch of their new investment company built on a shared vision: Westure Ventures.


Headquartered in the Netherlands, Westure aims to invest more than USD 30 million over the next five years. The company will focus on future-shaping fields such as financial technologies (fintech), artificial intelligence (AI), manufacturing technologies, deeptech, space and aviation, and health technologies. At the core of its investment strategy lies a commitment to what it defines as “Goodness Technologies” - ventures that deliver tangible value to society and the planet.

Innovative power combines with deep-rooted experience

With nearly 50 years of history, Asteks ranks among the world’s top three manufacturers in production technologies. Nexrone, one of Europe’s rapidly growing technology companies, stands out with its innovative approach to the entrepreneurship ecosystem and its strong growth performance, including partnerships with global and billion-dollar companies over the past three years.

Combining these two strong structures, Westure Ventures aims to embody a true “smart money” model - providing not only capital but also access to global markets, strategic partnerships, and deep technical know-how.

Investment strategy from early stage to Series A and beyond

Westure Ventures plans to support startups across various maturity levels, including early-stage, Series A, and later rounds. Beyond financial growth potential, the company evaluates each venture’s positive impact on humanity and a sustainable future.

Asteks Chairman & CEO Emre Akman and Nexrone Founder Ersoy Soyer, co-founders of Westure Ventures, summarized the vision: “At Westure, we focus on bold and determined entrepreneurs who think without borders. What matters to us is not only the technology itself, but the point at which that technology touches human life, simplifies it, and contributes hope to the future. This is why our investments are shaped around technologies that create genuine value. Finance can be used anywhere, but when your focus is generating societal value, you must have the right strategy.”

First investments to be announced soon

Westure Ventures will soon unveil its first investment portfolio. In addition to financial backing, the company aims to create a high-impact platform by offering strategic collaborations, commercialization support, and global network access that enable startups to scale across multiple markets.



More News from ASTEKS

More News on Textiles & Apparel / Garment

#Textiles & Apparel / Garment

Texworld Apparel Sourcing Paris opens with focus on AI, circularity and new sourcing regions

More than 1,000 exhibitors from around the world are gathering at Paris-Le Bourget as Texworld Apparel Sourcing Paris opens its doors from August 31 to September 2. With around 500 textile manufacturers and a similar number of apparel and accessories suppliers, the trade fair reflects the ongoing transformation of global sourcing and the growing diversification of supply regions.

#Man-Made Fibers

The LYCRA Company expands its co-creation vision through an immersive Lifestyle District at Intertextile Shanghai.

The LYCRA Company, a global leader in fiber and technology solutions for the apparel industry, is reimagining the trade show experience at Intertextile Shanghai Apparel Fabrics Autumn Edition, which opened today in China. Building on the success of last year's ALL IN concept, the company has expanded its co-creation vision into a 356-square-meter Lifestyle District featuring partners Jingzili New Material, JYT Textile, Lianxingfa Knitting, and Trend Textile. The district is part of a larger 895-square-meter pavilion showcasing a total of 19 co-exhibitors. Together, they demonstrate how innovations in fiber, fabric, and garments can be combined to create compelling solutions for both work and play.

#Textiles & Apparel / Garment

Hong Kong strengthens position as Asia's leading sustainable fashion hub

Hong Kong's position as one of Asia's most prominent sustainable fashion hubs has been further strengthened, with the HKTDC ESG Index 2026 released by the Hong Kong Trade Development Council (HKTDC) for the fashion industry rising to 65.5 in 2026, up 2.3 percentage points from 2025. The increase reflects growing industry confidence in Hong Kong as a premier platform for sustainable fashion development and ESG-related business opportunities.

#Textiles & Apparel / Garment

Première Vision Paris expands innovation focus across fashion and beauty

From September 1–3, 2026, Première Vision Paris will bring together more than 900 exhibitors from across the global fashion value chain. This year's edition places a strong emphasis on Innovation-Tech, highlighting technologies and materials that are reshaping product development, manufacturing and sustainability.

Latest News

#Raw Materials

Brazil sets new cotton export record and consolidates global leadership

Brazil ended the 2025/26 commercial year with a new record, consolidating its position as the world’s largest cotton exporter. Between August 2025 and July 2026, the country shipped 3,373,941 tonnes of the fiber, 19% more than in the previous cycle, and reached record revenue of US$5.3 billion. The result represents a milestone in Brazil’s expansion in the international market and reinforces the country’s role as a strategic supplier to the global textile industry.

#Raw Materials

Better Cotton Initiative partners with Avalo in AI plant breeding for climate-resilient cotton

The Better Cotton Initiative (BCI) has partnered with agriculture solutions company Avalo, whose platform accelerates the speed at which plants with key resiliency traits may be developed.

#Natural Fibers

Plastic-free stretch technologies drive new direction for denim innovation

As the denim industry looks for ways to reduce its reliance on synthetic fibres, plastic-free stretch technologies are gaining momentum. Developments based on mechanical fabric construction and natural rubber are demonstrating that comfort and stretch can be achieved without conventional elastane, supporting both recyclability and circular product design.

#Man-Made Fibers

Bemberg and Anita Dongre collaborate once again to launch “BREATH” collection

BembergTM and Anita Dongre present BREATH, a ready to wear collection of 18 key silhouettes, shaped by a common belief that true beauty is inseparable from caring for the environment.

TOP