# Natural Fiber Welding

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/natural-fiber-welding

- Industry: Materials
- Headquarters: Peoria, US
- Website: www.nfw.earth/
- Total disclosed funding: $64M
- Latest round: Series B (Apr 12, 2022)
- Investors on record: 14

## About

Natural Fiber Welding, Inc. is a U.S.-based company specializing in innovative textile solutions that utilize natural fibers to create sustainable materials for various industries, including fashion and packaging.Founded in 2015 in Peoria, Illinois, Natural Fiber Welding, Inc. focuses on developing sustainable textile solutions. The company has secured a total of 11 funding deals, with the latest being a Series B round raising USD 63.60 mn led by Evolution VC Partners on December 19, 2024. The founders, Eric Pollitt, Luke Haverhals, and Michael Wooten, have backgrounds in material science and innovation, contributing to the company's strategic direction.Natural Fiber Welding, Inc. specializes in innovative textile solutions that leverage the unique properties of natural fibers to create sustainable and high-performance materials. Their core product offerings include MIRUM®, CLARUS®, and PLIANT™, each designed to address specific challenges within the textile and material industry. MIRUM® is a plant-based, biodegradable alternative to plastic and synthetic leathers, catering to brands seeking eco-friendly materials for fashion and consumer goods. CLARUS® focuses on advanced performance textiles that enhance durability and functionality across various applications, while PLIANT™ serves as a versatile, flexible material ideal for diverse end-use cases, including packaging and protective gear. The company targets markets primarily in North America, Europe, and Asia, catering to clients in industries such as fashion, automotive, and packaging, providing innovative solutions to environmentally-conscious businesses and consumers.Natural Fiber Welding, Inc. generates revenue through direct sales of its proprietary products, such as MIRUM®, CLARUS®, and PLIANT™, as well as potential partnerships with brands and manufacturers seeking sustainable material solutions. The revenue model includes transactions structured around business-to-business (B2B) relationships, where companies engage in bulk purchases of these products for integration into their own product lines. The firm may also establish exclusive partnerships with select retailers to showcase their materials, thereby expanding market reach. Pricing structures reflect the premium nature of the offerings and the sustainability factor, ensuring alignment with the value provided to environmentally-conscious brands.Following the Series B funding round in December 2024, Natural Fiber Welding, Inc. plans to use the raised funds to support its business operations and product innovation. The company is focused on launching new products designed to enhance its offerings in the textile industry and expand into new markets in Europe and Asia by the end of 2025. These strategic initiatives will enable the company to strengthen its position in the sustainable materials sector and cater to an increasing demand for environmentally-friendly solutions.

## Funding rounds

- Series B, Apr 12, 2022, $64M — Advantage Capital, BMW i Ventures, Collaborative Fund, Scrum Ventures, Central Illinois Angels, Lewis & Clark Ventures, Gaingels, Evolution VC Partners, AIIM Partners, Tattarang, Engine No. 1, Ralph Lauren Corporation, Tidal Impact, Raga

## Investors

- Advantage Capital — Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series B
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series B
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Series B
- Central Illinois Angels — Series B
- Lewis & Clark Ventures (https://capitalatlas.ai/funds/lewis-clark-ventures) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Evolution VC Partners (https://capitalatlas.ai/funds/evolution-vc-partners) — Series B
- AIIM Partners (https://capitalatlas.ai/funds/aiim-partners) — Series B
- Tattarang — Series B
- Engine No. 1 — Series B
- Ralph Lauren Corporation — Series B
- Tidal Impact (https://capitalatlas.ai/funds/tidal-impact) — Series B
- Raga (https://capitalatlas.ai/funds/raga) — Series B