Spinnova
Developing textile fiber directly out of pulp without harmful chemical processes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €12.7m | Debt | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 335 % | 279 % | (66 %) | 2287 % | 300 % | (56 %) | (93 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (205 %) | (1874 %) | (235 %) | (47 %) | (170 %) | (2026 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (252 %) | (2222 %) | (254 %) | (58 %) | (184 %) | (2209 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | - | - | - | - | 4 % | 261 % |
Source: Company filings or news article
Related Content
Spinnova operates in the sustainable textile industry, focusing on creating eco-friendly fibers from wood without harmful chemicals. The company serves clients in the fashion and textile sectors who are looking for sustainable alternatives to traditional materials. Spinnova's business model revolves around licensing its proprietary technology to textile manufacturers and partnering with brands to develop sustainable products. Revenue is generated through technology licensing fees and collaborative product development agreements. The market Spinnova operates in is growing, driven by increasing consumer demand for sustainable and environmentally friendly products. The company's innovative approach, inspired by nature, aligns cellulose to create strong, elastic fiber filaments, offering a climate-friendly and water-efficient solution.
Keywords: sustainable, textile, eco-friendly, fibers, wood, cellulose, technology, licensing, fashion, environment.
