Salt & Fiber banked €300k in pre-seed funding to commercialise its textile technology. The Malmö-based startup is following this initial investment with the launch of a €45,000 crowdfunding campaign to support its ongoing pilot production phase.
The company processes beach-cast seagrass into plant-based biodegradable yarns for the textile industry. By using raw material that is typically collected by coastal municipalities and sent to landfills, the startup aims to reduce methane emissions from rotting marine waste while providing a local alternative to synthetic fibres. The resulting material is naturally fire-resistant and requires no fresh water or fertilisers during the growth stage.
Current operations include a pilot production line and a supply agreement with a municipality on Sweden’s southern coast to source raw seagrass. The company is also currently participating in the Älmhult x IKEA incubator as it prepares for a commercial market entry targeted between 2027 and 2028.
This raise highlights the momentum behind Nordic startups using organic waste streams to decarbonise heavy industries, as European brands face tightening supply-chain regulations and pressure to eliminate microplastic shedding from garments.
Originally reported by EU-Startups Daily.