Seed funding for OceanSafe’s textile technologies
A round of seed financing secured by Swiss textile technology start-up OceanSafe, which specialises in developing “toxin-free, biodegradable and compostable” synthetic fibres and yarns, will enable it to scale systems and processes and advance its existing offer through further research and development, the organisation has announced.
Founded in 2019, OceanSafe has been licensing its novel technologies to brand and retail partners since 2020. It also manages the OceanSafe Certified quality seal, which demands full circularity, gold-level Cradle to Cradle certification at a minimum, zero-waste design and requires the implementation of take-back programmes, plus more. The developer’s proprietary NaNea fibres and yarns are thus similarly Cradle to Cradle certified gold, compliant with its own quality standard and based on already “vastly” available raw materials, making them inherently “highly scalable”, it says.
“Our goal at OceanSafe is to help textile brands and manufacturers with innovative technology on their path towards circularity,” commented company founder and chief executive Manuel Schweizer.
Germany-based family investment office Rütters led the round, alongside Swiss venture capitalists Exelixis Capital and contributions from several unnamed angel and impact investors.
Image: OceanSafe.
