
TreeToTextile
Making sustainable textile fibers available to everyone.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | Late VC | |
Total Funding | 000k |
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
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Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | - | - | 10 % | 448 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | - | - | (1494 %) | (2161 %) | (446 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
TreeToTextile AB is a Swedish materials science company positioned to drive significant change within the global textile industry by commercializing a new generation of sustainable cellulose fibers. The company's origins trace back to a research project in Sweden, brought to life by the vision of entrepreneur Lars Stigsson. In November 2014, Stigsson's family-owned investment firm, LSCS Invest, joined forces with retail giants H&M Group and Inter IKEA Group to officially establish TreeToTextile. The joint venture's objective was to develop and rapidly commercialize a more sustainable and cost-effective process for man-made cellulosic fibers. The consortium expanded with the addition of forestry and biomaterials leader Stora Enso in 2018 and, more recently, the Austrian fiber production specialist Lenzing Group in 2025, further strengthening its industrial and commercialization capabilities.
The company's core business involves transforming dissolving wood pulp from sustainably managed forests into a bio-based staple fiber. This is achieved through a proprietary wet-spinning process that treats the pulp in a cold alkaline solution. A key differentiator of TreeToTextile's technology is its focus on resource efficiency; the process is engineered for low energy and water consumption and utilizes environmentally friendly chemicals within a high-recovery closed-loop system, minimizing waste and emissions. The resulting fiber, branded Nyense™ for textile applications and Nyvado™ for nonwovens, possesses characteristics such as a natural dry hand-feel, semi-dull luster, and high drapeability. It is designed to be a viable alternative or complement to cotton, viscose, and polyester, suitable for use in pure form or in blends for products like apparel and home textiles.
TreeToTextile's business model is centered on developing and scaling this fiber technology to supply the broader textile market. By creating a material that is both sustainable and affordable, the company aims to make it accessible to a wide range of brands beyond its owner companies. The journey from concept to industrial scale has been marked by significant milestones. A pilot line was established in 2015, leading to successful proof-of-concept garments. This was followed by a major step in 2021 with a €35 million investment to construct a demonstration plant at Stora Enso's Nymölla mill in Sweden, scaling production capacity by approximately 100 times compared to the pilot. This plant, which began operations in 2023, is critical for process validation and producing fibers for commercial partners, moving the company closer to full-scale industrialization and global market availability.
Keywords: man-made cellulosic fiber, sustainable textiles, bio-based materials, wood pulp fiber, sustainable fashion, textile innovation, circular economy, resource-efficient manufacturing, cellulose technology, alternative fibers, nonwoven materials, sustainable supply chain, textile chemistry, biomaterials, textile engineering, Nyense, Nyvado, Lars Stigsson, H&M Group, Inter IKEA Group, Stora Enso, Lenzing Group, wet-spinning process