Textile

H&M backs dyeing and finishing innovator

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CAMBRIDGE – Sustainable dyeing and finishing innovators Alchemie Technology has announced funding from H&M CO:LAB, the Swedish fashion giant’s investment arm, and venture capital firm At One Ventures.

The investment will support the commercial roll-out of Alchemie’s clean-tech digital manufacturing solutions which aim to accelerate the sustainability of textile manufacturing worldwide.

The new investment will enable Alchemie to accelerate the roll-out of its Endeavour smart waterless dyeing and its Novara precision digital finishing technologies.

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