Brightplus, a Finnish biomaterials firm, has raised $2 million in funding to scale its textile coating technology, BrightBio. The technology uses industrial side-streams and natural resources to create sustainable, high-performing alternatives to conventional fossil-based materials. The funding round was led by Collateral Good and Nordic Butterfly Ventures, with additional investors including Nordic Option and FutureLab-X. Brightplus’ technology promotes a circular economy model, enabling the recycling of coated textiles. The company’s materials are derived from renewable resources, such as corn starch and sugarcane, and are fully biodegradable. Brightplus is targeting the textile industry, where regulatory pressure is increasing due to PFAS bans and circularity mandates. The company plans to use the funding to invest in digital tools and local sourcing, enabling a sustainable scale-up. With a strong patent portfolio and customer-validated added value, Brightplus is well-positioned for growth, and its solutions are chemically safer, third-party certified, and ready to scale as regulations tighten.
Brightplus Secures Growth Funding to Drive Expansion of Circular Economy Solutions
