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Natural Fiber Welding (NFW), a Peoria, IL-based developer of technologies based on the sustainable use of plants and natural fibers to obtain durable goods and textiles, raised $15M in funding. The round was led by The Community Development Venture Capital Alliance (CDVCA), with participation from BMW i Ventures, Prairie Crest Capital, Ethos Capital, For Good Ventures, and Evolution VC Partners. The company intends to use the funds to scale production and move into new markets like the automotive industry that need a sustainable solution to replace synthetic materials. Led by Dr. Luke Haverhals, NFW provides technologies based on the sustainable use of plants and natural fibers for durable goods and textiles. The company’s patented plant-based leather MIRUM is suited to displace both animal leather and synthetic leather alternatives with materials that are plastic-free and high-performance. ....
Natural Fiber Welding Raises $15M to Spur Growth in Automotive and Textile Markets prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Everything we covered on WTR over the past seven days – and all you need to know from the world of trademarks to set yourself up for the start of another busy week. ....
Ethos Capital is at it again. In 2019, this secretive private equity firm that includes insiders from the domain name industry tried to buy the nonprofit that runs the .ORG domain. A huge coalition of nonprofits and users spoke out. Governments expressed alarm, and ICANN (the entity in charge of the internet’s domain name system) scuttled the sale. Now Ethos is buying a controlling stake in Donuts, the largest operator of “new generic top-level domains.” Donuts controls a large swathe of the domain name space. And through a recent acquisition, it also runs the technical operations of the .ORG domain. This acquisition raises the threat of increased censorship-for-profit: suspending or transferring domain names against the wishes of the user at the request of powerful corporations or governments. That’s why we’re asking the ICANN Board to demand changes to Donuts’ registry contracts to protect its users’ speech rights. ....
Ethos Capital completes deal for controlling interest of Donuts Inc. thedomains.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedomains.com Daily Mail and Mail on Sunday newspapers.