Infinited Fiber
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | 1.5m | <1m | <1m | <1m | 1.1m | 1.5m |
| % growth | - | 1136 % | (85 %) | 280 % | (4 %) | 31 % | 40 % |
| EBITDA | - | <1m | (<1m) | (<1m) | (4.0m) | - | - |
| % EBITDA margin | - | 4 % | (397 %) | (55 %) | (481 %) | - | - |
| Profit | <1m | <1m | (<1m) | (1.0m) | (6.8m) | - | - |
| % profit margin | 2 % | 3 % | (402 %) | (116 %) | (812 %) | - | - |
| R&D budget | <1m | 1.0m | 2.0m | 5.0m | - | - | - |
| R&D % of revenue | 83 % | 67 % | 870 % | 571 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Spinout | ||
$460k | Seed | ||
€1.5m | Grant | ||
€3.7m | Late VC | ||
€2.0m | Grant | ||
€2.3m | Late VC | ||
| N/A | €4.1m | Grant | |
€30.0m | Late VC | ||
N/A | Late VC | ||
* | €40.0m | Late VC | |
| Total Funding | AUD143m | ||
Related Content
Recent News about Infinited Fiber
EditInfinite Fiber Company is a pioneering startup in the textile industry, focusing on sustainability and circularity. The company has developed an innovative technology that transforms waste materials, such as old clothes and used cardboard, into high-quality textile fibers. These fibers mimic the properties of cotton, offering a soft and natural feel, and can be used in various applications, including fashion, home textiles, and hygiene products.
Infinite Fiber Company operates in the sustainable fashion and textile market, which is growing rapidly as consumers and businesses alike seek eco-friendly alternatives. The company serves a diverse range of clients, including fashion brands, textile manufacturers, and companies producing nonwoven materials. By partnering with industry leaders and visionaries, Infinite Fiber Company is at the forefront of driving change towards a more circular economy in the textile sector.
The business model of Infinite Fiber Company is based on licensing its proprietary technology to textile manufacturers and brands. This allows these partners to produce sustainable fibers using the company's innovative process. Additionally, Infinite Fiber Company generates revenue through strategic partnerships and collaborations, such as its recent alliance with AFRY for engineering its flagship plant and featuring in future GANNI collections.
Infinite Fiber Company's technology not only addresses the environmental challenges posed by textile waste but also provides a viable solution for producing high-quality, sustainable fibers. This has earned the company numerous accolades, including being named a WWF Climate Solver in 2016 and featuring in the Ellen MacArthur Foundation's circular examples library.
In summary, Infinite Fiber Company is revolutionizing the textile industry by turning waste into valuable resources, promoting sustainability, and driving the shift towards a circular economy.
Keywords: sustainability, textile, circular economy, waste transformation, eco-friendly, fashion, nonwovens, innovation, partnerships, high-quality fibers.