Infinited Fiber Company
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Infinited Fiber Company - overview
Established
2016
Location
Espoo, -, Finland
Primary Industry
Environmental Services
About
Founded in 2016 and based in Espoo, Finland, Infinited Fiber Co. Ltd. develops a technology that can turn textile, cardboard, and agricultural waste into a new natural fiber. In April 2026, Infinited Fiber Company raised EUR 10 million in venture funding from Mundi Ventures.
The firm, as of July 2024, has the capacity to produce 30,000 metric tons of Infinna™ annually. Some of the firm's partners are Zara, Adidas, Jack & Jones, H&M Group, etc. Infinited Fiber Company offers a patented technology that converts discarded cotton-rich textiles into premium-quality Infinna™ fibers. These fibers replicate the softness and versatility of cotton, offering a sustainable alternative to virgin materials like cotton, viscose, and polyester, making textile circularity a global norm.
The company's process begins by cleaning and breaking down textile waste into cellulose, the foundational material of fibers. This cellulose is then processed into liquid form, spun into new fiber filaments, and transformed into staple-length fibers suitable for various fabric applications. Infinna™ can be used alone for 100% recycled garments or blended seamlessly with other fibers. Infinna™ fibers not only reduce textile waste but also conserve water and eliminate microplastics, offering a biodegradable solution for a circular economy.
Current Investors
Fortum, H&M Group Ventures, Virala Group
Primary Industry
Environmental Services
Sub Industries
Green IT, Recycling, Textiles
Website
www.infinitedfiber.com
Verticals
Clean Technology, Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Infinited Fiber Company - timeline of key events
Infinited Fiber Company - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 121,000 | 1,494,628 | 230,400 | 875,335.5 | 838,583 | - | - | - |
| % Revenue Growth (YoY) | - | 1135.2% | (84.6%) | 279.9% | (4.2%) | - | - | - |
| EBITDA (USD) | 4,016 | 56,330.2 | (911,226.2) | (483,765.6) | (4,033,839) | - | - | - |
| Operating Income (USD) | 4,016 | 49,230.2 | (919,617.7) | (988,737.3) | (5,107,976) | - | - | - |
| Operating Margin | 3.3% | 3.3% | (399.1%) | (113.0%) | (609.1%) | - | - | - |
| % EBITDA Margin | 3.3% | 3.8% | (395.5%) | (55.3%) | (481.0%) | - | - | - |
| NET Income (USD) | 2,479.3 | 39,093.4 | (923,705.6) | (1,012,011.1) | (6,813,280) | - | - | - |
| % Net Margin | 2.0% | 2.6% | (400.9%) | (115.6%) | (812.5%) | - | - | - |
Infinited Fiber Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Infinited Fiber Company | - | ||||||||
| Series B | Completed | Infinited Fiber Company | - | ||||||||
| Series B | Completed | Infinited Fiber Company | - | ||||||||
| Unspecified Round | Completed | Infinited Fiber Company | - | ||||||||
| Series B | Completed | Infinited Fiber Company | - |
Displaying 1 - 5 of 6
Infinited Fiber Company - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.