Industry boost for Bloom Labs
21/05/2024
The award programme was launched this year by GFA with PDS Ventures, the investment and innovation arm of PDS Limited, a manufacturing and sourcing platform for apparel brands and retailers. It seeks to identify and support promising innovators in textiles through direct funding that can go up to $200,000.
In addition, Bloom Labs will receive commercial and operational support from Positive Materials, another PDS venture. This textile innovation incubator has worked with Materra, Nature Coatings, Evrnu and Bananatex. Its lab and factory are based in Portugal where textile start-ups can have access to a strong local infrastructure for research and development.
Other innovative textile start-ups short-listed by GFA and PDS include DyeRecycle (extracting dyes from used textiles), The Hurd Co. (turning flax and hemp waste into pulp for MMCFs), Syntetica (developing a chemical recycling process of nylon) and Sparxcell (a maker of biobased performance colourants).
Click here to read our article on Bloom Labs.
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