NFW Closes $85 Million Series B Round

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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.

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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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