202212 Apr

NFW Closes $85 Million Series B Round

Summary

PEORIA, IL, Natural Fiber Welding, (NFW) today announced that they have closed an $85 million funding round. Natural Fiber Welding today announced that they have closed an $85 million funding round to scale production of high-performance, all-natural, circular materials products coming to market with a wide array of global brand partners. Return investors include BMW i Ventures, Ralph Lauren Corporation, Advantage Capital, and Central Illinois Angels. NFW invents and manufactures shockingly sustainable products from plants. Beginning with inherently circular, natural ingredients, NFW is making a material-rich, plastic-free future possible.

Source: Vcnewsdaily

Funding

$85M
Amount
Apr 12 2022
Date
-
Investor
Natural Fiber Welding
Company

Classifications