Octarine raises 4.35 MEUR

(Copenhagen, specializes in sustainable, nature-based dyes for the textile industry with minimal environmental impact): Has raised 4.35 MEUR in a funding round led by Unconventional Ventures with members Nora Bavey and Thea Messel. “The textile industry must switch to a more aggressive decarbonization trajectory in order to reduce its contribution to greenhouse gas emissions, water pollution and, ultimately, climate change. Octarine’s ground-breaking technology leads the way in transitioning the industry towards sustainable practices and away from harmful synthetic dyes,” comments Thea Messel, founder of Unconventional Ventures.