Green Theme Technologies raised $6M in a Series C funding round led by Pangaea Ventures and Cottonwood Technology Ventures to accelerate the development of its sustainable Empel technology platform.

Nov 07, 2024•10 months ago

Amount Raised

$6 Million

Round Type

series c

Rio RanchoManufacturing

Investors

Cottonwood Technology VenturesPangaea Ventures

Description

Green Theme Technologies, located in Rio Rancho, New Mexico, has successfully closed a $6 million Series C funding round. This investment will enhance the development of its innovative Empel technology platform, aimed at providing a water-free alternative for textile treatments.

Company Information

Company

Green Theme Technologies

Location

Rio Rancho, New Mexico, United States

About

Green Theme Technologies specializes in sustainable textile treatments, offering innovative solutions that eliminate harmful chemicals while drastically reducing water usage. Their Empel technology platform provides a water-free alternative to traditional water-based finishing processes, enhancing the performance of fabrics. The company is committed to environmental stewardship and innovation in the textile industry. With significant funding, GTT aims to accelerate its growth and technological advancements.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers