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Infinited Fiber Company
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Short description

Developer of a chemical recycling technology that can turn cellulose-based raw materials, like cotton-rich textile waste, into new more sustainable textile fibers

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Espoo, Finland
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Updated by Lily Lin at on 07/16/2018

Edited by Cleantech Group on 03/20/2024

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Date Company
05/12/2022

Inditex Inditex

Inditex signed a three-year commitment to buy upcycled textile fiber for over EUR 100 million ($104 million).

Confirmed by Inditex

Partnerships
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Date Partner Type
12/18/2024
Norbite Norbite
Infinited Fiber and Norbite collaborate in EU-funded TEX-INSECT project for the development of a novel insect-based biorefinery that employs the larvae of Galleria mellonella to digest and transform synthetic polymers into valuable products.
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Confirmed by Norbite
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
03/11/2024 Inditex Inditex , TTY Management TTY Management , Youngone Youngone , Goldwin Goldwin , Security Trading Oy Security Trading Oy , Nidoco AB Nidoco AB (6)
Post-money valuation of
Funding is in addition to the round in 2023 and brings the total funds raised to over $43.7M.
Growth Equity $29,500,400
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