Colorifix
Latest round
- Series B
Last raised
- Dec 2024
Total raised
- $46M
Investors
- 11
About Colorifix
Founded in 2016 and headquartered in Norwich, UK, Colorifix specializes in biological dyeing solutions that utilize engineered microorganisms to produce natural pigments. The company has not undergone any significant operational pivots and focuses on serving textile manufacturers and dye houses globally.Colorifix specializes in a novel biological dyeing process that replaces traditional harmful chemicals used in textile dyeing with environmentally friendly alternatives. The company's core offerings revolve around engineered microorganisms, specifically bacteria or yeast, that produce vibrant pigments derived from various natural organisms, including plants, animals, and microbes. These engineered microbes are cultivated in fermentors using non-hazardous agricultural by-products, which act as growth mediums. The resultant biological dyes are then integrated into standard dyeing machines to color yarns, fabrics, and garments, maintaining industry quality standards while significantly minimizing environmental impact.Colorifix generates revenue through direct partnerships with textile mills and dye houses, who utilize their innovative dyeing technology. The company operates on a B2B model, where clients engage in contracts to incorporate Colorifix's biological dyeing solutions into their production processes. Revenue transactions occur as these manufacturers purchase access to the engineered microbe technology, ensuring a seamless integration into their existing dyeing operations. The pricing structure is based on the scale of dye production and the specific needs of each client, reflecting the customization and innovation involved in each partnership.000 mn on May 24, 2022, Colorifix plans to implement its technology into the supply chains of key players in the global fashion industry and expand its business further into Europe and Asia. The company is targeting completion of these initiatives by the end of 2023, aiming to solidify its presence in these regions and drive the adoption of sustainable dyeing practices.
Who invested in Colorifix
11 investors across 3 rounds
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Questions about Colorifix
Who invested in Colorifix?
Colorifix has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Colorifix raised?
Colorifix has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Colorifix last raise money?
Colorifix's most recent round on record is a Series B, in Dec 2024.
What does Colorifix do?
Founded in 2016 and headquartered in Norwich, UK, Colorifix specializes in biological dyeing solutions that utilize engineered microorganisms to produce natural pigments.
Where is Colorifix headquartered?
Colorifix is headquartered in Norwich, UK.
Which VCs invest in companies like Colorifix?
Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, Mirova and Anterra Capital back materials companies at Colorifix's stage. Their profiles are linked below.
VCs backing materials startups at Series B
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