Funding new textile technologies requires more corporate interest if a repeat of the clean tech bubble burst of the late 2000s is to be avoided, argues Rogier van Mazijk, Fund Manager at Textile Innovation Fund.
Over the last decade, numerous materials, processes, and technologies to reduce water usage, waste, and carbon emissions in textile production have been developed. As such, we are now at a point where there are thousands of ventures working on advanced technical solutions and unprecedented numbers of pilot projects, all being powered by financial investments to drive the rapid changes both our industry and our planet requires.