Natural Fiber Welding announced it raised $22.8 Million in an initial filing from an offering of $30 Million
Natural Fiber Welding announced it raised $22.8 Million in an initial filing from an offering of $30 Million
07/05/23, 6:33 PM
Location
Money raised
$22.8 million
Industry
manufacturing
Company Info
Location
peoria, arizona, united states
Additional Info
Natural Fiber Welding, Inc. (NFW) is a disruptive material science company that creates sustainable, high-performing materials and textiles that are 100% free of plastic and petrochemicals. NFW branded materials are reinventing the material world and enabling leading global brands to help eradicate one of the planet’s largest sources of pollution. NFW has two existing patented product lines in production: MIRUM®, a leather alternative, and CLARUS®, high-performance textile technologies with applications replacing synthetic fibers.
NFW’s beautiful and practical nutrient-based materials are highly scalable, sustainable solutions that are transforming industries. NFW is reducing overdependence on petrochemical inputs and linear life cycles by using plants in inherently circular, efficient ways. NFW delivers ultimate performance so that brand customers do not have to compromise. NFW was founded in 2015 and is based in Peoria, Illinois.