Brightplus raises EUR 2 million in growth funding to scale its recyclable textile coatings, led by Collateral Good and supported by Nordic Butterfly Ventures.

Jul 15, 2025•3 days ago

Amount Raised

€2 Million

Round Type

seed

OuluManufacturing

Investors

Future Lab XNordic OptionFf FutureE.A.T. HoldingsNordic Butterfly VenturesCollateral Good

Description

Brightplus, based in Oulu, Finland, has secured EUR 2 million in funding to accelerate the industrial scaling of its bio-based textile coatings. The round was led by Collateral Good, with support from Nordic Butterfly Ventures and others. This funding will enhance Brightplus's innovative efforts in sustainable material technology. With focus on creating a circular economy, Brightplus aims to redefine the textile coating industry.

Company Information

Company

Brightplus

Location

Oulu, North Ostrobothnia, Finland

About

Brightplus is a pioneering green-tech company based in Oulu, Finland, focused on sustainable innovation in the textile industry. The company develops recyclable, bio-based textile coatings using its proprietary BrightBio® technology. Brightplus aims to transform industrial side streams into valuable materials, creating a circular economy model. With a robust intellectual property portfolio and established partnerships, Brightplus provides high-performance, environmentally friendly solutions for global markets.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Brightplus raises EUR 2 million in growth funding to scale its recyclable textile coatings, led by Collateral Good and supported by Nordic Butterfly Ventures.

Investors

Description

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Funding Insights

Company Information