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Natural Fiber Welding
About
Natural Fiber Welding develops a technology that can use plants and natural fibers to make textiles and other durable items.
- 101 - 250
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $85M
- Industries
- Manufacturing,Sustainability,Textiles
- Founded date
- Jan 1, 2015
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Natural Fiber Welding develops a technology that can use plants and natural fibers to make textiles and other durable items. By working with plant based fibrous materials, the company's scientists and engineers are creating new opportunities to improve and leverage plentiful and renewable resources on the planet for applications associated with synthetic products.It is NFW's goal to develop solutions that can be implemented by communities across the economic spectrum using abundant local resources to develop sustainable, scalable products that minimize processing and cost while improving quality and usability.NFW was established in 2015 and is headquartered in Peoria, IL, USA.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 12, 2022 | Series B | $85M | 2 | — | — | Detail |
| Jul 13, 2021 | Series Unknown | $15M | 2 | — | — | Detail |
| Mar 12, 2021 | Grant | $225K | 1 |
National Science Foundation
|
— | Detail |
| Aug 13, 2020 | Series Unknown | $13M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
Advantage Capital
|
— | Series B |
Gaingels
|
— | Series B |
Prairie Crest Capital
|
— | Series Unknown |
