PEORIA, IL, Natural Fiber Welding, (NFW) today announced that they have closed an $85 million funding round.
Natural Fiber Welding today announced that they have closed an $85 million funding round to scale production of high-performance, all-natural, circular materials products coming to market with a wide array of global brand partners. Evolution VC Partners led the round, with participation by Tattarang, Lewis & Clark AgriFood, Collaborative Fund, AiiM Partners, Engine No.1, Raga Partners, Tidal Impact, Scrum Ventures, and Gaingels. Return investors include BMW i Ventures, Ralph Lauren Corporation, Advantage Capital, and Central Illinois Angels.
Natural Fiber Welding (NFW) is a material innovation company giving industries all natural material platforms to create and manufacture responsibly. NFW invents and manufactures shockingly sustainable products from plants. Beginning with inherently circular, natural ingredients, NFW is making a material-rich, plastic-free future possible.
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