Natural Fiber Welding raises $15 million from BMW i Ventures and others

Natural Fiber Welding (NFW) has raised $15 million from investors including BMW i Ventures. The funds will be used to scale up production of its leather-like Mirum material and cotton-like Clarus textile for automakers.

“The plant-based textile firm Natural Fiber Welding (NFW) has raised $15 million from firms including the venture capital arm of BMW.”doi.org

• 1 source
• doi.orgNatural Fiber Welding raises $15 millionCraig A. BettenhausenJul 26, 2021

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