Tech Company Financing Transactions
Colorifix Funding Round
Colorifix closed a $22.6 million Series B financing round on 5/27/2022. Investors included H&M Group and private investors.
Transaction Overview
Company Name
Announced On
5/27/2022
Transaction Type
Venture Equity
Amount
$22,600,000
Round
Series B
Investors
H&M Group (Lead Investor)
Proceeds Purpose
With the new cash, the startup said it will triple the size of its team to about 120 staffers as it prepares to move its tech into the supply chains of several leading players in the global fashion industry.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
Innovation Centre Norwich Research Park
Norwich, NR4 7GJ
UK
Norwich, NR4 7GJ
UK
Phone
Website
Email Address
Overview
Colorifix was founded by two synthetic biologists who were developing biological sensors to monitor heavy metal contamination in drinking water in rural Nepal. We adopt circularity whenever possible to challenge the status quo and create continuous positive impact for all our stakeholders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Orr Yarkoni
Chief Financial Officer
George Ball
Chief Scientific Officer
Jim Ajioka
Chief Technical Officer
Duncan Rowe
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