
Innovation in biobased colouration and materials take lead this month (June), as biotech’s momentum continues to benefit the textile landscape. We also look at new investment in Koobz – an on-demand, US footwear manufacturer.
The width and breadth of the textile industry feels represented in June as colouration, materials and fabrication all pick up funding this month.
Venture capital (VC) is fuelling the next wave of textile innovation. Stay up to date with our monthly roundup of notable early-, growth- and late-stage investments shaping the industry’s future.
Meet the innovators:
- 3DBioFibR – A Canadian biomaterials manufacturer leveraging a proprietary dry-spinning technology platform, with a particular focus on collagen fibres.
- Colorifix – A UK-based colouration innovator engineering microbial dyes via genetic modification and fermentation.
- EverDye – A French startup pioneering biobased, recyclable and reusable dyes while negating hazardous substances in its products and processes.
- Koobz – An additive footwear manufacturer based in California, US, promoting on-demand, localised production.
3DBioFibR Inc.
Halifax, Canada | Seed | Scaling | Biomaterials
Canadian biomaterials manufacturer, 3DBioFibR, reported the close of its latest financing round in early June, securing almost CA$3m (US$2.2m) in fresh funding. Participants include AoA Innovation Fund, Invest Nova Scotia, Build Ventures and Concrete Ventures.
At the crux of the business’ proposition is its patented dry-spinning technology, which it claims produces high tensile strength biopolymer fibres. It also reports that its methodology can offer 3,600 times the scale of conventional
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