Infinited Fiber Company news and archive

Infinited Fiber Company secures 40 million euro investment

Circular textile firm Infinited Fiber Company has successfully closed on a development financing round totalling 40 million euros, with a slew of new and old investors joining in the backing. The first part of the round, which closed in summer 2023, included funding from existing investors such as H&M Group, Adidas, Bestseller and Zalando, which...

Business

Infinited Fiber Company to invest 400 million euros in commercial-scale factory

Textile technology firm Infinited Fiber Company has announced plans to build its first commercial-scale factory in Kemi, Finland, where it will produce regenerated textile fibre for apparel. The factory will be located at the Veitsiluoto industrial site of renewable materials company Stora Enso, in a converted building that is currently housing...

Business

Inditex signs 100 million euro supply deal with Infinited Fiber Company

Zara owner Inditex has revealed a new partnership with circular textile firm Infinited Fiber Company in a supply deal valued at more than 100 million euros. The three-year arrangement will see Inditex buy 30 percent of the organisation’s annual future production volume of Infinna, a fibre made from 100 percent textile waste. The deal falls in...

Business

PVH partners with Infinited Fiber Company to drive sustainable product development

PVH Corp has announced a multi-year partnership between its European headquarters and circular fashion technology group, Infinited Fiber Company. The deal is part of the group’s strategy to elevate its sustainable product offering in Europe, utilising the organisation’s textile fibre Infinna firstly for Tommy Hilfiger products with plans to then...

Fashion |In Pictures Featured

Pangaia unveils the world’s first 100 percent Infinna shirts

Material science innovator Pangaia has unveiled the world’s first shirts made from Infinna, a new textile fibre created entirely from textile waste. The new concept T-shirt launches on April 5 and coincides with Pangaia signing a multi-year agreement with circular fashion and textile technology group Infinited Fiber Company. The Pangaia x...

ManagementFeatured

Zalando invests in circular apparel and textile tech group Infinited Fiber Company

Zalando is the latest fashion company to invest in circular apparel and textile technology group Infinited Fiber Company. The German e-tail giant announced Tuesday it has invested an undisclosed sum in the Finish company, whose proprietary technology turns cellulose-based raw materials like cotton-rich textile waste into a regenerated textile...

BusinessFeatured

Infinited Fiber Company raises 30 million euros

Circular fashion and textile technology group Infinited Fiber Company has secured investments totalling 30 million euros in its latest financing round completed on June 30, with backing from Bestseller and Adidas. The Finnish textile technology group said that new investors included sportswear company Adidas, Invest FWD, the investment art for...