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Tag Archives: Investible

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Xefco raises $10m for sustainable textile technologies

Manufacturing News, TechnologyBy Staff ReporterApril 30, 2024

Textile technology developer Xefco has raised $10.5 million in its latest funding round led by Australian deep technology fund Main Sequence Ventures backing its technology to reduce textile emissions. Xefco has been commercialising its patented water-free textile finishing and dyeing solution, Ausora, aiming to create a greener supply chain for the fashion industry. Other new…

Manufacturing news briefs — stories you might have missed

Manufacturing NewsBy Staff ReporterApril 15, 2024

Rio Tinto spends up big with local suppliers Rio Tinto increased its spend with suppliers and local businesses in Australia to more than $16.1 billion in 2023, as part of the company’s commitment to support communities where it operates. This was an increase of five per cent on the previous year and was spent with…

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