New Mexico based Green Theme Technologies (GTT), a key player in sustainable materials science, has closed a $6 million Series C funding round led by Pangaea Ventures and Cottonwood Technology Ventures. This new investment will fuel GTT’s mission to revolutionize the textile sector with its PFAS-free, water-free EMPEL technology, which offers eco-friendly, high-performance alternatives to conventional textile treatments by eliminating harmful chemicals and significantly reducing water usage.
The funding will enable GTT to expand development, scale production, and meet rising demand for sustainable solutions in the apparel, footwear, and military sectors. Additionally, GTT plans to enhance its research and development efforts to refine its offerings and increase global impact.
CEO Tom Lopez highlighted the importance of partnering with investors committed to environmental sustainability, emphasizing that the new funding will accelerate GTT’s growth and technological progress. He noted that GTT’s solutions enable manufacturers to produce high-performance products in a more sustainable way, reinforcing the company’s mission to expand its positive impact.
Lead investor Pangaea Ventures, recognized for its focus on sustainable ‘hard tech’ innovations, praised GTT’s approach to responsible manufacturing. General Partner Chris Erickson highlighted GTT’s innovative solutions, which align with Pangaea’s goal of promoting planetary health. Cottonwood Technology Ventures echoed this support, with Managing Partner Dave Blivin commending GTT’s PFAS-free advancements.
This funding marks a pivotal step for GTT as it aims to meet industry demands for sustainable manufacturing without compromising performance, reinforcing its position as a leader in eco-conscious textile innovation.