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Coloreel Raises 70 Million Swedish Krona textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.
July 7, 2021 JÃNKÃPING, Sweden â July 7, 2021 â Coloreel, with its unique well-patented technology for digital dyeing of textile thread on-demand, has raised Swedish Krona (SEK) 70 million in a private placement to existing and new shareholders. The funding will be used to support the company’s market expansion and growth and to initiate expansion into new application areas such as sewing. âIn this private placement, we bring in a number of exciting and strong investors alongside the existing major shareholders, Robur Ny Teknik, SEB Stiftelsen, Svea Ekonomi and Ilija Batljan, who also participated in this placement. In parallel to this, we now receive more and more new expressions of interest from additional investors which feels very exciting.”, says the company’s founder and main owner Joakim Staberg. ....
Coloreel raises nearly £6m to support expansion printweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printweek.com Daily Mail and Mail on Sunday newspapers.
New funding and major orders for Coloreel innovationintextiles.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from innovationintextiles.com Daily Mail and Mail on Sunday newspapers.
Next steps are expansion in Asia and Eastern Europe Coloreel is an innovative Swedish company. The first product based on the Coloreel technology is a groundbreaking thread colouring unit for industrial embroidery machines. In an interview with Fibre2fashion, Mattias Nordin, CEO, Coloreel, discusses how the company is gearing up to be a global market leader for modern embellishment technologies. What is Coloreel’s background like? Where is the company headquartered at and who are the founders? Coloreel is a Swedish textile tech brand founded in the heart of the Swedish fashion and textile industry district. The headquarter is in Jönköping, Sweden and the original innovator and founder Joakim Staberg is still a major shareholder. ....