CLIMATEX AG, a Swiss company active in the field of circular textile technologies, has announced the closing of a €3.5 million (CHF 3.2 million) financing round. The round was led by the Collateral Good Textile & Fashion Innovation Fund, with participation from existing investors.

Technologies for the circular economy

CLIMATEX develops advanced materials and construction technologies designed to enable circularity across the apparel and interior textiles industry. Its core objective is to eliminate textile waste by creating high-performance fabrics and product architectures that can be fully separated and recycled at the end of their life. The company holds a broad portfolio of patented, recyclable textile solutions, with a focus on proprietary fabric systems engineered to recover complex, multi-material products within closed material loops.

New leadership

In conjunction with the financing, CLIMATEX announced the appointment of Camilla Skjønning Jørgensen as CEO-designate. The outgoing co-CEOs, Adrian Obrist and Patric Rupp, will remain shareholders and board members.

The newly raised capital will be used to strengthen sales and marketing activities, as CLIMATEX’s technologies, products, and market adoption enter a growth phase.