Twine Solutions Ltd.
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Twine Solutions Ltd. - overview
Established
2015
Location
Petah Tikva, -, Israel
Primary Industry
Industrial Machinery
About
Founded in 2015 and based in Petach Tiqva, Israel, Twine Solutions Ltd. is a textile technology company that develops digital thread dyeing systems and digital dye-to-match color applications. Erez and Alon Moshe are the co-founders of the company. In May 2021, the firm raised USD 28 million in venture funding co-led by Meitav Investment House, Menora Mivtachim Group, and Analyst including Barak Capital.
The organization has 90 employees as of 2021. The firm's product TS-1800 is a fully waterless, digital thread and yarn dyeing system that suits a wide range of applications. With the TS-1800, customers can expertly dye their own thread and yarn, which frees them from the limitations of the supply chain and helps to create a more sustainable future. The company also provides Twine’s DST™ (Digital Selective Treatment) technology, which enables thread dyeing.
Twine plans to use the May 2021 funding to support its acceleration of global installations of its newly released TS-1800 Gen2.
Current Investors
Landa Ventures, Maverick Ventures Israel, Coats Group Plc
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Analytics & Performance Software, Textiles
Website
www.twine-s.com
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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