It ain't fashion, if it ain't sustainable

Petri Alava

PRESS RELEASE / Financials

11 March 2024

1 minute

The new investors are Inditex Group, the parent company of Zara and other brands, and TTY Management B.V., an asset management company privately owned by Tadashi Yanai, Chairman, President and CEO of Fast Retailing.

Infinited Fiber Company Successfully Completes EUR 40 million Development Financing Round

Espoo, Finland: Technology and fashion company Infinited Fiber Company has successfully completed a two-part development financing round totaling 40 million euros, with significant investments from new investors Inditex, TTY Management, Youngone and Goldwin, in addition to existing ones.

The new investors are Inditex Group, the parent company of...

Nex-Gen Materials / Sclaing Up

19 October 2023

3 minutes

While existing solutions can significantly help reduce the impact of the industry, the scaling of innovations—in particular in next-generation materials, recycling and processing—is critical to enable a transition towards a net zero industry.

Project Finance Can Unlock $100 billion to Scale up NextGen Material and Processing Innovations: Fashion for Good Report

Innovation platform Fashion for Good has published a report to help unlock the capital needed to scale up sustainable innovation in the textiles industry. The report reviews the different types of capital available to close the funding gap within the commercialisation stage.

Staff Writer

Fibre Production / Infinited Plans

17 October 2022

3 minutes

Orange fabric made with 100% Infinna created out of 100% post-consumer textile waste.

Ukraine War, Market Uncertainties Have One Positive Effect: Demand for Regenerated Fibre Infinna Sees Spike

The turbulence caused by the ongoing war in Ukraine and the uncertainty in commodity and financial markets has resulted in growing consumer demand for high-quality textiles. Finnish fibre manufacturer Infinited Fibre Company is responding to this demand by scaling up production of its Infinna fibre.

Staff Writer

Manmade Fibres / Infinited

21 June 2022

3 minutes

Infinited Fiber Company’s technology enables cotton-rich textile waste to be transformed into a versatile, high-quality regenerated textile fibre called Infinna, which looks and feels like cotton.

Infinited Goes Big Time with €400 million, Former Paper Plant to Become New Infinna Factory

Fashion and textile technology company Infinited Fiber Company plans to build a commercial-scale factory to produce regenerated textile fibre for the world’s leading apparel companies at the site of renewable materials company Stora Enso’s closed Veitsiluoto paper mill in Kemi, a Finnish city on the northern shore of the Baltic Sea. The size of the investment is estimated at €400 million, and it is expected to create around 270 jobs in the area.