New Mexico’s Rio Rancho (for immediate release): Green Theme Technologies, Inc. (GTT), a pioneer in the field of sustainable materials science and textiles, is happy to report that its $6 million Series C fundraising round has closed. This investment will expedite GTT’s objective to revolutionise the textile sector with its ecological, high-performing EMPEL® technology. Pangaea Ventures and Cottonwood Technology Ventures, two venture capital firms renowned for fostering ground-breaking advancements in sustainability and innovative materials, led the investment.
Modern PFAS-free and water-free solutions from GTT offer environmentally friendly substitutes forconventional textile treatments by getting rid of dangerous chemicals and significantly cutting down on water use. GTT will be able to increase its capacity for development thanks to the Series C financing. expand its technologies and satisfy the expanding need for eco-friendly solutions in the military, clothing, and footwear industries. Additionally, the additional money will support ongoing RCD initiatives to improve GTT’s product line and increase the company’s worldwide influence.
Tom Lopez, CEO of Green Theme Technologies, stated, “We are thrilled to collaborate with investors who share our dedication to environmental stewardship and innovation.” “With this investment, we are in a good position to boost our expansion, develop our technology, and bring about significant transformation in the textile sector. We are eager to increase the impact of our solutions, which provide businesses with an efficient means of producing high-performance goods without compromising sustainability.
Pangaea Ventures, the lead investor, focusses on Planetary Health and makes hard tech investments. Pangaea Ventures is dedicated to promoting innovation for a sustainable future and has a history of spotting and supporting high-impact entrepreneurs. Founded As of 2000, Pangaea Ventures has offices in Phoenix, Arizona; Vancouver, British Columbia; and Tokyo, Japan. “Green Theme Technologies has created an outstanding solution that addresses a pressing industry need,” stated Chris Erickson, Pangaea Ventures’ general partner. “As primary investors, we take pride in backing a business that is expanding the realm of sustainable manufacturing.”
Similar excitement for GTT’s development trajectory was shown by Cottonwood Technology Funds, which is well-known for investing in high-potential businesses that prioritise scientific and technical innovation. “The EMPEL® technology from GTT is a perfect fit with our goal to invest in businesses developing significant solutions,” stated Dave Blivin, Cottonwood Technology Ventures’ managing partner. “We are thrilled to support their growth and success because of their innovative approach to removing harmful PFAS from the textile production process.”
This fundraising round shows that GTT’s innovations and its goal of a more sustainable textile sector are well supported. With the help of Cottonwood Technology Ventures, Pangaea Ventures, and more investors, GTT will be able to meet the pressing demands of consumers and producers for performance-preserving sustainability.
With solutions that safeguard the environment and promote a more responsible future for textiles and beyond, Green Theme Technologies is dedicated to advancing its position as a global leader in sustainable innovation.
Concerning Green Theme Technologies
The US-based textile innovation firm Green Theme Technologies, Inc. (GTT) has a global goal of improving performance and eradicating pollution. Their PFAS- and water-free The EMPEL® textile finishing platform offers clean solutions to mills and brands that are superior to all of the other anti-wick, stain-release, and water-repellent technologies. Because of its exceptional durability, EMPEL® adds genuine lifetime to any textile or product that uses it. Get in touch: