NAPA – Global financial backing for next-gen material companies increased in 2023 with the industry reporting an 8.6% rise in investment funding, according to a new report.
The report, ‘Next-Gen Materials 2023’ from the Material Innovation Initiative (MII) also noted that the increase was especially significant given overall global venture capital funding fell 42% and deal count fell 30% to reach a six-year low, indicating, it said, the significant interest and potential the market sees in next-gen materials.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
