Fibres and Yarns | News & Insights

A Thread Dye Innovator Has Successfully Completed A Funding Round

Published: May 21, 2021
Author: Manali bhanushali

Israeli trend-setter Twine Solutions has brought US$28 million up in a venture round pointed toward speeding up the development of what it portrays as the world’s first on-request computerized string coloring framework.

Twine Solutions says its TS-1800 framework empowers its customers to meet their supportability objectives by coloring yarns they need in a waterless cycle which diminishes squander.

Dispatched in 2015 by twin siblings, Alon and Erez Moshe, Twine Solutions carefully colors crude or off-the-rack, white polyester string in any tone and length for sure-fire use in sewing, weaving, and weaving.

Financial backers Menora Mivtachim, Meitav Dash, and Analyst drove the subsidizing round which was additionally upheld by existing investors including New Era Capital, Landa Ventures, and Gefen Capital. Alon Moshe, Twine’s CEO and prime supporter remarked: “It is with extraordinary delight that we declare and welcome our new financial backers to Twine as we proceed with our epic excursion.

Related Posts

ABWA Students Showcase Their Artistic Talent And Dedication To Community Service Through Successful Fundraising Events