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Recently Funded|Amount: USD 10.5M|Industry: Textile Manufacturing

Xefco Secures $10.5 Million in Seed Funding to Revolutionize Textile Manufacturing

Xefco

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11-50 employees employees (Est.)
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We are excited to announce that Xefco, an Australian-owned innovator in textile and coating technologies, has successfully raised $10,500,000 in its latest funding round. Established in 2018, Xefco has rapidly emerged as a leader in the development of advanced manufacturing solutions, thanks to its strong collaboration with a global network of research partners. The company’s cutting-edge materials science not only enhances the functional benefits of textiles but also places a substantial emphasis on sustainable manufacturing and minimizing resource consumption. This new funding will support Xefco’s ambitious vision for a more sustainable future in the textile and garment industries. The capital raised will be directed towards expanding Xefco's technology portfolio and accelerating research and development initiatives aimed at innovating new, eco-friendly textile treatments and coatings. Xefco's technologies are already empowering some of the world’s foremost technical apparel and fashion brands, delivering superior performance, enhanced comfort, and unmatched protection while significantly reducing environmental impact. With this substantial investment, Xefco is poised to further enhance its footprint in the industry, making strides toward sustainable solutions that meet both the needs of consumers and the demands of a changing world. As we embark on this exciting new chapter, we remain committed to our core mission: transforming the future of textiles through innovation, sustainability, and performance excellence.
December 17, 2024

Buying Signals & Intent

Our AI suggests Xefco may be interested in solutions related to:

  • Sustainable Textiles
  • Eco-friendly Manufacturing Solutions
  • Thermal Insulation Products
  • Water-free Dyes and Finishes
  • Performance Textile Solutions

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