Revolution Fibres raises $6 million

Wed, 08 Apr 2020

Auckland’s Revolution Fibres confirmed today it raised $6 million in a Series A funding round, led by technology investment firm Movac.The nanofibre company, founded in 2009, has developed technologies for the production of nanofibres for use in filtration, skincare, sound absorption and compositive reinforcement. It employs 15 staff.Revolution Fibres chairman Andrew Turnbull said the funding would be used to accelerate commercial opportunities in offshore markets and invest in production capability.Movac partner David Beard, who joined the Rev...

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