New funding and new CEO for ‘controlled disassembly’ specialist
Swiss textile technology company Climatex has secured 3.2 million Swiss francs in new funding thanks to an investment led by a fund called the Collateral Good Textile & Fashion Innovation Fund.
Climatex develops specialist threads designed to enable “controlled disassembly” of garments at end of life and to make it easier and quicker to recover high-quality material for reuse.
It said it would use the new funding to accelerate its international scale-up.