Announced

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Inditex Group led a €40m funding round in Infinited Fiber.

Synopsis

Inditex Group, a parent company of Zara and other brands, led a €40m funding round in Infinited Fiber, a technology and fashion company. “It is fantastic to have these impactful companies onboard as our new investors. This investment is crucial for further advancing the scale-up of Infinna™, and it underscores the industry’s confidence in our technology as one of the key enablers for circularity in the textile sector,” Petri Alava, Infinited Fiber Company Co-Founder and CEO.

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