Green Theme Technologies (GTT), which focuses on sustainable textile and materials science, successfully closed a $6 million Series C funding round. The financing will accelerate GTT’s mission to transform the textile industry with EMPEL high-performance, sustainable technology. Leading the round were Pangaea Ventures and Cottonwood Technology Ventures, two venture firms known for supporting breakthrough innovations in advanced materials and sustainability.
GTT’s cutting-edge, PFAS-free and water-free technologies provide sustainable alternatives to traditional textile treatments, eliminating harmful chemicals and drastically reducing water use. The Series C investment will specifically allow GTT to expand its development capabilities, scale its technology and meet the growing demand for sustainable solutions in the footwear, apparel and military markets. The new funding will also drive continued RCD efforts to refine GTT’s product offerings and bolster the company’s global impact.
“We are delighted to partner with investors who share our commitment to environmental stewardship and innovation,” said Tom Lopez, GTT’s CEO. “With this investment, we are well-positioned to accelerate our growth, advance our technologies, and drive meaningful change in the textile industry. Our solutions offer an effective way for manufacturers to produce high-performance products without sacrificing sustainability, and we are excited to expand this impact.”
Lead investor Pangaea Ventures specializes in hard tech investments with a focus on planetary health. With a track record of identifying and nurturing high-impact startups, Pangaea Ventures is committed to advancing innovation for a sustainable future. Established in 2000, Pangaea Ventures operates globally with offices in Phoenix, Vancouver and Tokyo.
“Green Theme Technologies has developed a remarkable solution that meets an urgent need within the industry,” said Chris Erickson, general partner, Pangaea Ventures. “As lead investors, we’re proud to support a company pushing the boundaries of what’s possible in sustainable manufacturing.”
Cottonwood Technology Funds, known for investing in high-potential companies focused on science and engineering innovation, expressed similar enthusiasm for GTT’s growth trajectory.
“GTT’s EMPEL technology aligns perfectly with our mission to invest in companies creating impactful solutions,” said Dave Blivin, Cottonwood managing partner. “Their approach to eliminating toxic PFAS from the textile production process is groundbreaking, and we are excited to support their expansion and success.”
The funding round signals a strong endorsement of GTT’s technology and vision of a more sustainable future for the textile industry. The support will allow GTT to meet the urgent needs of manufacturers and consumers for sustainability, without sacrificing performance.
