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Bio dye technology receives £18 million boost

01/06/2022
Bio dye technology receives £18 million boost

UK-based biotechnology company Colorifix has raised £18 million in a Series B fundraising led by H&M Group’s investment arm to scale up its dye process, which has been tested in Portugal by H&M and Pangaia. The money will also enable the company to treble its team and expand in Europe and Asia, “implementing its technology into the supply chains...

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