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Startup raises funds to scale green textile coating

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Finnish startup Brightplus raises €2 million to scale its bio-based textile coatings produced from inputs including agricultural waste

OULU - Sustainable materials company Brightplus has raised €2 million ($2.3m) in a funding round to accelerate the development and scaling of its recyclable, bio-based textile coatings.

The round was led by impact investor Collateral Good, with co-lead investment from Nordic Butterfly Ventures. Additional investors included EAT Holdings, FF-Future, Nordic Option and FutureLab-X.

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