The funding will support the expansion of Climatex’ engineered construction threads and textile solutions, which aim to enable circularity and recycling-readiness in the industry.

As part of its technology development, Climatex recently filed two new patents, covering a sewing system based on dissolvable thread, Stitchlock and a circular knitting process using Knitlock.

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Both technologies are designed to support controlled disassembly and material recovery at the end of a product’s lifecycle.

Collateral Good founding partner Michael Kleindl said: “We are excited to support Climatex as it enters its next growth phase. The company’s patented circular textile technologies are globally unique, strongly protected by an extensive patent family and ready to scale.”

Alongside this growth, Climatex has announced Camilla Skjønning Jørgensen as CEO-designate to lead its international scale-up efforts.

Skjønning Jørgensen brings over 20 years of experience across sustainability, innovation, business development, and investment in the fashion and textile sector.

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In her new role, she will focus on extending Climatex’s technology into global markets such as workwear, fashion, and interior design, while building partnerships with industrial clients.

Current co-CEOs Adrian Obrist and Patric Rupp will remain on the board as shareholders.

Camilla Skjønning Jørgensen said: “Climatex addresses a unique system-level opportunity in textiles. By rethinking textile construction at the product design stage, the technology enables high-quality, durable products, while also being designed for disassembly and recycling from the outset. I look forward to implementing these solutions globally with our industrial partners.”

Outgoing co-CEO Adrian Obrist said: “Climatex was founded to fundamentally rethink textiles for a circular economy. This financing round validates both our technology and our vision. With Collateral Good as lead investor and Camilla Skjønning Jørgensen joining the company, we are ideally positioned to translate technological leadership into global market impact.”

Climatex specialises in engineered construction threads that enable circular textile systems. It licenses its construction technologies to global manufacturing partners and thread producers who integrate Climatex-enabled threads into their supply chains using existing materials and infrastructure. Clients include VP Textile, Interstuhl, JAB, and Lantal.