#Textile chemistry

2024-11-07

Green Theme Technologies closes $6 million series C funding round

Green Theme Technologies, Inc. (GTT), a leader in sustainable textile and materials science, is pleased to announce the successful closing of a $6 million Series C funding round. This funding will accelerate GTT’s mission to transform the textile industry with its EMPEL® high-performance, sustainable technology. Leading the round were Pangaea Ventures and Cottonwood Technology Ventures, two venture firms known for supporting breakthrough innovations in advanced materials and sustainability.

GTT’s cutting-edge PFAS-free and water-free technologies provide sustainable alternatives to traditional textile treatments, eliminating harmful chemicals and drastically reducing water use. The Series C investment will enable GTT to expand its development capabilities, scale its technology, and meet the growing demand for sustainable solutions within the footwear, apparel, and military markets. The new funding will also drive continued RCD efforts to refine GTT’s product offerings and bolster the company’s global impact.

“We are delighted to partner with investors who share our commitment to environmental stewardship and innovation,” said Tom Lopez, CEO of Green Theme Technologies. “With this investment, we are well-positioned to accelerate our growth, advance our technologies, and drive meaningful change in the textile industry. Our solutions offer an effective way for manufacturers to produce high-performance products without sacrificing sustainability, and we are excited to expand this impact.”

Lead investor Pangaea Ventures specializes in hard tech investments with a focus on Planetary Health. With a track record of identifying and nurturing high-impact startups, Pangaea Ventures is committed to advancing innovation for a sustainable future. Established in 2000, Pangaea Ventures operates globally with offices in Phoenix, AZ, Vancouver, BC, and Tokyo, Japan. “Green Theme Technologies has developed a remarkable solution that meets an urgent need within the industry,” said Chris Erickson, General Partner at Pangaea Ventures. “As lead investors, we’re proud to support a company pushing the boundaries of what’s possible in sustainable manufacturing.”

Cottonwood Technology Funds, known for investing in high-potential companies focused on science and engineering innovation, expressed similar enthusiasm for GTT’s growth trajectory. “GTT’s EMPEL® technology aligns perfectly with our mission to invest in companies creating impactful solutions,” said Dave Blivin, Managing Partner at Cottonwood Technology Ventures. “Their approach to eliminating toxic PFAS from the textile production process is groundbreaking, and we are excited to support their expansion and success.”

This funding round signals a strong endorsement of GTT’s technologies and its vision of a more sustainable future for the textile industry. The support from Pangaea Ventures, Cottonwood Technology Ventures, and other investors will enable GTT to meet the urgent needs of manufacturers and consumers for sustainability without sacrificing performance.

Green Theme Technologies is committed to furthering its role as a global leader in sustainable innovation, with solutions that protect the planet and drive a more responsible future for textiles and beyond.

Courtney Harold joins Green Theme Technologies as Head of Marketing

Green Theme Technologies (GTT) is pleased to announce the appointment of Courtney Harold as Head of Marketing. With over 25 years of experience in the textile, apparel, and footwear industries, Courtney brings a proven track record of transforming complex challenges into clear, actionable strategies that drive growth and product innovation.

Ascend Performance Materials secures court approval for restructuring and appoints new CEO

Ascend Performance Materials has reached a major milestone in its Chapter 11 process: the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the company’s Plan of Reorganization. Ascend expects to emerge from Chapter 11 by year’s end with a significantly improved capital structure. In parallel with the restructuring progress, Ascend announced a leadership change.

Indorama Ventures ranks first globally in ChemScore 2025 for excellence in chemicals management and environmental performance

Indorama Ventures Public Company Limited (IVL), a global sustainable chemicals company, has been ranked first globally with a green card in ChemScore 2025, the internationally recognized benchmark developed by ChemSec, assessing the environmental performance and chemical management of the world’s 40 largest chemical companies. The company has consistently found itself in the top three ChemScore companies and scored twice as high on average as the Asia-based companies taken together.

38th International Cotton Conference Bremen: Let´s Talk about Cotton!

The 38th International Cotton Conference Bremen, to be held on 25-27 March 2026 in Bremen’s parliament building on market square, once again sends a powerful signal for professional excellence and international dialogue. The focus is on the latest market trends and technical innovations throughout the entire value chain – from agriculture and quality assurance to processing and the circular economy. With its high-calibre speakers, the conference remains an indispensable forum for anyone involved in shaping the cotton industry scientifically, technically, or economically.

More safety and comfort for protective clothing thanks to auxetic fabrics

When everyday materials are pulled, they stretch or elongate in the direction of the pull and become narrower in cross-section. We can also observe this property in two-dimensional textiles. Auxetic structures behave differently here. They have the striking property of not changing under tensile stress or even increasing their width or thickness. These properties are advantageous, for example, in protective textiles or textile filter media. The DITF are researching auxetic fabrics for various applications.