New Mexico’s Rio Rancho (for immediate release): 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. This investment will hasten GTT’s objective to revolutionize the textile sector through its sustainable, high-performance EMPEL® technology. Pangaea Ventures and Cottonwood Technology Ventures, two venture capital firms renowned for fostering ground-breaking advancements in sustainability and innovative materials, led the investment.
Modern PFAS-free and water-free solutions from GTT offer environmentally friendly substitutes for conventional textile treatments by getting rid of dangerous chemicals and significantly cutting down on water consumption. With the help of the Series C investment, GTT will be able to scale its technology, increase its capacity for development, and satisfy the increasing need for environmentally friendly solutions in the military, clothing, and footwear industries. Additionally, the new funding will support ongoing RCD initiatives to improve GTT’s product line and increase the company’s worldwide influence.
Tom Lopez, CEO of Green Theme Technologies, stated, “We are thrilled to collaborate with investors who share our dedication to environmental stewardship and innovation.” We are in a strong position to develop our innovations, expand our business, and bring about significant change in the textile sector with this investment. We are eager to increase the impact of our solutions, which provide businesses with an efficient means of producing high-performance goods without compromising sustainability.
Pangaea Ventures, the lead investor, focuses on planetary health and makes hard tech investments. Pangaea Ventures is dedicated to promoting innovation for a sustainable future and has a history of spotting and supporting high-impact entrepreneurs. Pangaea Ventures was founded in 2000 and has offices in Phoenix, Arizona; Vancouver, British Columbia; and Tokyo, Japan. Chris Erickson, General Partner at Pangaea Ventures, stated, “Green Theme Technologies has created an outstanding solution that addresses a pressing need within the industry.” “As primary investors, we take pride in backing 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, was equally excited about GTT’s future growth trajectory. “Our goal of investing in businesses that are developing significant solutions is perfectly aligned with GTT’s EMPEL® technology,” stated Dave Blivin, Managing Partner at Cottonwood Technology Ventures. “We are thrilled to support their growth and success because of their innovative approach to removing harmful PFAS from the textile production process.”
This fundraising round shows that GTT’s innovations and its goal of a more sustainable textile sector are well supported. GTT will be able to address the pressing demands of manufacturers and consumers for sustainability without compromising performance thanks to the backing of Pangaea Ventures, Cottonwood Technology Ventures, and other investors.
With solutions that safeguard the environment and promote a more responsible future for textiles and beyond, Green Theme Technologies is dedicated to advancing its position as a global leader in sustainable innovation.
About Green Theme Technologies
Green Theme Technologies, Inc. (GTT) is a US-based textile innovation company with a global vision to increase performance and eliminate pollution. Their water-free and PFAS-free EMPEL® textile finishing platform provides mills and brands with clean solutions that outperform all current water repellent, stain-release, and anti-wick technologies. EMPEL® is supremely durable, bringing true longevity to any textile or product using it. Contact: [email protected].
