Fairbrics raises €22m to bring CO2-based polyester fibre to market
Fairbrics, a sustainable chemical company developing a technology that converts carbon dioxide (CO2) emissions into high-value polyester through a circular manufacturing approach, has raised €17m from the EU’s Horizon 2020 research and innovation funding programme and €5m from partners to the Technology Upscaling Project, representing a total of €22m to bring its innovative solution to market.
For the full story, see the February 2023 edition of MobileTex.
Photo: Solar Impulse Foundation/Fairbrics