H&M backing for tech disruptor Alchemie
Solutions both dramatically reduce the environmental impact and the cost of dyeing and finishing.
15th March 2021
Cambridge, UK-based Alchemie Technology has attracted new financing from At One Ventures and H&M CO:LAB, H&M Group’s investment arm, to accelerate the development of its disruptive digital dyeing, coating and finishing technologies.
Alchemie’s Endeavour smart waterless dyeing technology allows garment manufacturers to eliminate the production of contaminated wastewater and dramatically reduce the carbon footprint of dyeing. Demonstrated to radically reduce lead times and enable lower minimum order sizes, alongside a 50% cost saving compared to traditional technologies, the Endeavour solution has been well received by textile manufacturers and fashion brands worldwide.