Fundz

Mas Holdings Invests In Heiq Aeoniq™: A Sustainable Alternative To Synthetics

PRIVATEJul 06, 2023

Round Type

Funding Round

ZurichManufacturing

Investors

MasHei Q From SwitzerlandMas Holdings

Description

MAS Holdings, a global apparel & textile manufacturing and tech conglomerate, headquartered in Sri Lanka with a global footprint across 16 countries, secures a stake in HeiQ AeoniQTM as part of its Plan for Change initiative to support the development of next-generation cellulosic filament fibers to replace polyester and nylon.

Who else raised in Manufacturing around the same time

Companies in the same sectors as HeiQ that raised within 45 days of this round, from Fundz verified event records.

  • Jinx raised an undisclosed amount (Series B) on August 17, 2023.
  • Comptek Solutions raised $8.7M (Series A) on August 17, 2023.
  • PNW Components raised $400K (Seed) on August 16, 2023.
  • South 8 Technologies raised an undisclosed amount (Corporate Round) on August 16, 2023.
  • Mitra Chem raised $60M (Series B) on August 16, 2023.
  • NeoSoma raised $1.2M (Seed) on August 16, 2023.

Who to call at HeiQ, and when

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  • An alert the day HeiQ raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

HeiQ

Location

Zurich, Zurich, Switzerland

About

Founded in 2005 as a spin-off from the Swiss Federal Institute of Technology Zurich (ETH) and listed on the London Stock Exchange Main Market (XLON:HEIQ), HeiQ is a leader in textile and materials innovation creating some of the most effective, durable and high-performance technologies on the market today. HeiQ strives to improve the lives of billions of people through pioneering textiles and materials innovation. Combining three areas of expertise – scientific research, specialty materials manufacturing, and consumer ingredient branding – HeiQ is the ideal innovation partner to create differentiating and sustainable products and capture the added value at the point of sale. With its 14 offices, 7 manufacturing sites, and 7 R&D hubs, HeiQ today employs 200+ professionals. It has a total capacity of 45'000 tons of specialty chemicals per year and serves over 1'000 industrial customers in over 60 countries. Today, HeiQ's technologies can be found in 60+ countries. For more information, visit www.heiq.com

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HeiQ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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