Green Theme Tech raises $6M to scale sustainable textile technology

07 Nov 2024 CW Team

Green Theme Technologies, Inc. (GTT), a leader in sustainable textile innovation, has successfully raised $6 million in Series C funding. The investment will help advance GTT’s EMPEL® high-performance, sustainable technology that eliminates harmful chemicals and reduces water usage in textile manufacturing.

The round was led by Pangaea Ventures and Cottonwood Technology Ventures, two firms focused on supporting breakthrough innovations in materials science and sustainability. GTT’s PFAS-free, water-free treatments offer eco-friendly alternatives for the footwear, apparel, and military sectors. The funds will enable the company to expand its development efforts and meet growing demand for sustainable textile solutions.

CEO Tom Lopez expressed enthusiasm for the partnership, emphasizing GTT’s mission to drive sustainable change in the textile industry. Lead investor Pangaea Ventures, which specializes in hard tech and planetary health, is excited about GTT’s potential to disrupt traditional manufacturing processes. Cottonwood Technology Ventures also expressed confidence in GTT’s innovative approach to eliminating toxic chemicals from production.

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