LYON – French apparel innovator Clim8, which has a portfolio of textile solutions based on thermal responsiveness, has announced the completion of a successful financing round, in through which €2.75 million has been raised to reinforce the company’s push into new markets.
Seventure Partners, Agileo Ventures and the Deveaux Group have provided the capital, a sum of which will be piled into new product development work.
“This round of €2.75 million merges three main objectives: Clim8’s ambition to bring its technologies to new industries, as well as to new international markets. Secondly, the company aspires to consolidate its Research and Development department with, among other things, the creation of the ‘Clim8 Lab’,” the innovator says.
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