# 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.

- Type: Investment
- Announced: 2021-07-26
- Where: United States
- Value: $15.0M
- Status: announced
- Products: Mirum leather-like material, Clarus cotton-like textile
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Natural Fiber Welding](https://endata.com/companies/56659.md)
- [BMW i Ventures](https://endata.com/companies/56660.md) (investor)

## Sources

- [doi.org](https://doi.org/10.1021/cen-09927-buscon12), 2021-07-26: "The plant-based textile firm Natural Fiber Welding (NFW) has raised $15 million from firms including the venture capital arm of BMW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.