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.
Funding
Amount
$85.0M
Total raised
Date
April 12, 2022
Announcement date
Investors
Video Island
Lead investors
Company
https://naturalfiberwelding.com
Funded company
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applications
Customer Service & Support
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