Peoria Illinois based Natural Fiber Welding is raising $40,000,000.00 in New Equity Investment.
Peoria, IL – According to filings with the U.S. Securities and Exchange Commission, Natural Fiber Welding is raising $40,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Luke Haverhals played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Natural Fiber Welding
Natural Fiber Welding, Inc. (NFW) is a disruptive material science company that creates sustainable, high-performing materials and textiles that are 100% free of plastic and petrochemicals. NFW branded materials are reinventing the material world and enabling leading global brands to help eradicate one of the planets largest sources of pollution. NFW has two existing patented product lines in production: MIRUM, a leather alternative, and CLARUS, high-performance textile technologies with applications replacing synthetic fibers. NFWs beautiful and practical nutrient-based materials are highly scalable, sustainable solutions that are transforming industries. NFW is reducing overdependence on petrochemical inputs and linear life cycles by using plants in inherently circular, efficient ways. NFW delivers ultimate performance so that brand customers do not have to compromise. NFW was founded in 2015 and is based in Peoria, Illinois.
To learn more about Natural Fiber Welding, visit http://www.naturalfiberwelding.com/
Contact:
Luke Haverhals, Chief Executive Officer
309-713-2622
luke.haverhals@naturalfiberwelding.com
https://www.linkedin.com/in/luke-haverhals-b87b2021/
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