Rio Rancho, New Mexico: Leading sustainable textile and materials science company Green Theme Technologies, Inc. (GTT) is happy to report that a $6 million Series C fundraising round has been successfully closed. GTT’s goal to revolutionize the textile sector with its EMPEL® high-performance, environmentally friendly technology will be expedited by this funding.
Cottonwood Technology Ventures and Pangaea Ventures, two venture capital firms renowned for fostering ground-breaking advancements in sustainability and innovative materials, led the investment.
By removing dangerous chemicals and significantly lowering water consumption, GTT’s state-of-the-art PFAS-free and water-free technologies offer sustainable substitutes for conventional textile treatments. GTT will be able to scale its technology, increase its development skills, and satisfy the increasing demand for sustainable solutions in the military, clothing, and footwear industries thanks to the Series C financing. Additionally, the new funding will support ongoing RCD initiatives to improve GTT’s product line and increase the company’s worldwide influence.
“We are thrilled to collaborate with investors who value innovation and environmental stewardship as much as we do,” stated Tom Lopez, CEO of Green Theme Technologies. With this investment, we are in a strong position to develop our innovations, expand our business, and bring about significant change in the textile sector. Our solutions provide producers with an efficient means of producing high-performance goods without compromising sustainability, and we are eager to increase this influence.
Planetary health is the primary focus of hard tech investments made by lead investor Pangaea Ventures. Pangaea Ventures has a history of spotting and supporting high-impact entrepreneurs and is dedicated to promoting innovation for a sustainable future. With headquarters in Phoenix, Arizona; Vancouver, British Columbia; and Tokyo, Japan, Pangaea Ventures was founded in 2000 and is a global business. “Green Theme Technologies has created an outstanding solution that addresses a pressing industry need,” stated Chris Erickson, Pangaea Ventures’ general partner. “We are honored to be leading investors in a business that is expanding the realm of sustainable manufacturing.”
Cottonwood Technology Funds, which specializes in funding high-potential businesses that emphasize innovation in science and engineering, shared this excitement about GTT’s future growth. Cottonwood Technology Ventures Managing Partner Dave Blivin stated, “GTT’s EMPEL® technology is a perfect fit with our mission to invest in companies that are creating impactful solutions.” “Their strategy for removing harmful PFAS from the textile manufacturing process is revolutionary, and we are thrilled to help them grow and succeed.”
GTT’s technology and its goal of a more sustainable textile business are strongly supported by this fundraising round. With the help of Cottonwood Technology Ventures, Pangaea Ventures, and other investors, GTT will be able to address the pressing demands of consumers and manufacturers for sustainability without compromising performance.
Green Theme Technologies is dedicated to advancing its position as a world leader in sustainable innovation by providing solutions that save the environment and promote a more conscientious future for textiles and other industries.
About Green Theme Technologies
A textile innovation firm established in the United States, Green Theme Technologies, Inc. (GTT) has a global mission to improve performance and eradicate pollution. They provide mills and brands clean solutions that surpass all existing water repellent, stain-release, and anti-wick technologies with their EMPEL® textile finishing platform, which is water-free and PFAS-free. EMPEL® is incredibly resilient, giving any textile or product that uses it genuine longevity. Contact: martin.flora@greenthemetech.com.
