Sustainable Biz #8 - Magazine - Page 18
Colorifix secures strategic investment
led by Inter IKEA Group to fuel global
commercial expansion
C
olorifix, the biotech company
transforming textile dyeing with
the world’s first entirely biological
process without the use of petrochemicals,
has successfully reached a first close of
a series B2 round of $18m to support
the transition from pilot production to
full- scale commercial manufacturing
across global markets.The round is led
by Inter IKEA Group, with continued
support from H&M Group Ventures,
Sagana and Regeneration.VC, as well as
new participation from Goldwin Play
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“With Inter IKEA Group
joining as lead investor
and continued backing
from H&M, we are
uniquely positioned to
accelerate adoption.”
S U S TA I N A B L E B I Z M A G A Z I N E
OCTOBER 2025
Earth Fund, Ljungstrom family office and
Youngone CVC.Since its last funding round
in 2022, Colorifix has made significant
progress in deploying its sustainable
dyeing technology across the globe.
The company now operates in Europe
and Latin America, with licenses also
granted for customer onboarding in India
and Sri Lanka, underlining a transition
from small-scale industrial deployments
to large- volume commercial capacity.
The main customer focus continues to
be the fashion industry, with additional