Finnish textile startup Infinited Fiber Company signs new partnerships with H&M Group, Fortum and Virala
Infinited Fiber Company Ltd. (IFC) has raised 3.7 million euros in funding from investors, including H&M Group, Fortum and Virala. IFC is currently running a 50-ton pilot plant in Finland and plans to increase the annual capacity of the next generation sustainable textile fiber production up to 500 tons in order to meet the growing demand from the market.