Fresh funding for biological textile dyes firm

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Colorifix secures strategic investment led by Inter IKEA Group to fuel its global commercial expansion

Latest funding round raises $18m

Textile dyes specialist Colorifix has raised $18 million in its latest funding round, which it will use to scale up its operations and drive its global roll-out.

The UK-based, biotech firm claims to produce textile dyes using the ‘world’s first entirely biological process, without the use of petrochemicals’.

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