Xefco set to scale - sportstextiles: Lea SportsTextiles

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Xefco set to scale

16/08/2024
Xefco set to scale
Australian start-up Xefco raised new funds earlier this year as part of a seed extension funding round which brought in AUD 10.5 million (€6.3 million) led by Australian deep tech fund Main Sequence.

The company founded in 2018 has developed two patented technologies. XReflex is a heat-reflecting coating that has been marketed with Swiss chemicals specialist HeiQ, and Ausora a plasma-based technology for waterless dyeing and finishing of textiles.

“The existing wet processes used to put colour and other functional properties on fabrics have the biggest environmental footprint of the entire fashion supply chain. These outdated, resource-intensive operations have not changed in centuries. It’s destroying our waterways and our planet. We’re determined to create a greener supply chain for the fashion industry,” said Tom Hussey, Xefco CEO and founder.

Image courtesy of Xefco

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