Last deal

$23.53M

Amount

Venture - Series Unknown

Stage

05.03.2024

Date

3

all rounds

$221.82M

Total amount

date founded

Financing round

General

About Company
Natural Fiber Welding creates sustainable materials and textiles without plastic or petrochemicals.

Industry

Sector :

Subsector :

Keywords :

Also Known As

NFW

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's patented product lines, MIRUM® and CLARUS®, offer alternatives to leather and synthetic fibers, respectively. By using plants in circular and efficient ways, NFW reduces reliance on petrochemicals and linear life cycles. Their scalable and practical nutrient-based materials are transforming industries and enabling global brands to combat pollution. Founded in 2015, NFW is based in Peoria, Illinois.
Contacts
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Financials

Funding Rounds
11
3

Number of Funding Rounds

$221.82M

Money Raised

Their latest funding was raised on 05.03.2024. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
05.03.2024
$23.53M
05.07.2023
$22.75M
01.12.2022
$19.97M
Co-Investors
Investors
24
6

Number of lead investors

24

Number of investors

Investor 
Lead 
Round 
Partners 
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People

Founders
1

Luke Haverhals

Luke Haverhals is the Founder and CEO of Natural Fiber Welding.

current job

Natural Fiber Welding
Natural Fiber Welding

organization founded

1

Luke Haverhals

Employee Profiles
8
Paul Luebbers

Paul Luebbers

Engineering Manager

Tim Danaher

Tim Danaher

Consultant

Rob Goldman

CFO

Steve Zika

Steve Zika

COO

Luke Haverhals

Founder and CEO

Logan Spencer

Product manager

Annie Cull

Marketing director

Activity

Recent News
1