CLIMATEX AG, a Swiss textile technology company
focused on circular textile technologies and patented solutions, has closed a
€3.5 million (CHF 3.2 million) financing round led by the Collateral Good
Textile & Fashion Innovation Fund, with participation from existing
investors.
CLIMATEX
develops advanced material and construction technologies designed to enable
circularity across the apparel and interior textiles industry. Its core
objective is to eliminate textile waste by creating high-performance fabrics
and product architectures that can be fully separated and recycled at the end of
life.
By
combining functionality, sustainability, and design for disassembly, the
company supports the transition toward a scalable circular textile economy.
The company
has built a broad portfolio of patented, recyclable textile solutions and
emphasises proprietary fabric systems engineered to recover complex,
multi-material products within closed material loops.
The company works with international clients, operates at Technology Readiness Level 8, participates in multiple EU and Swiss circularity research projects, and has recently filed two additional patents covering next-generation textile technologies.
Following
the financing round, CLIMATEX also announced the appointment of Camilla Skjønning Jørgensen as CEO-designate.
Commenting
on the company’s positioning, Camilla Skjønning Jørgensen said CLIMATEX is
targeting a distinct system-level opportunity within the textile industry:
By rethinking textile construction
at the product design stage, the technology enables high-quality, durable
products that are also designed for disassembly and recycling from the outset.
As part of
the leadership transition, current Co-CEOs Adrian Obrist and Patric Rupp will
remain shareholders and board members.
The newly
raised capital will be used to strengthen sales and marketing activities as
CLIMATEX’s technologies, products, and market adoption enter a growth phase.