TreeToTextile - About the company
TreeToTextile is an acquired company based in Stockholm (Sweden), founded in 2014 by Lars Stigsson. It operates as a Developer of renewable cellulose fiber technology for textile industry. TreeToTextile has raised $2.73M in funding from Lenzing. The company has 22 active competitors, including 6 funded and 5 that have exited. Its top competitors include companies like Spinnova, InventWood and Spiderwort.
Company Details
Developer of renewable cellulose fiber technology for textile industry. The company transforms dissolving pulp into pure cellulose fibers designed for use in both textile and nonwoven applications. These fibers feature a natural dry feel, soft luster, and good compatibility with cotton, viscose, polyester, and other blends. The production process emphasizes environmental efficiency by using minimal chemicals, water, and energy, while also achieving high recovery rates and low emissions. The company collaborates with industrial partners to scale its manufacturing and make the material commercially viable for global markets.
- Website
- treetotextile.com
- Email ID
- *****@treetotextile.com
- Phone Number
- +46 **********
Key Metrics
Founded Year
2014
Location
Stockholm, Sweden
Stage
Acquired
Total Funding
$2.73M in 4 rounds
Latest Funding Round
Ranked
3rd among 22 active competitors
Annual Revenue
$1M - $10M as on Nov 30, 2024
Employee Count
55 as on Aug 31, 2026
Exit Details
Acquired by Lenzing (Feb 02, 2026)
Legal entities associated with TreeToTextile
TreeToTextile is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Treetotextile Ab CIN: 556989-2648 , Sweden, Active | Nov 05, 2014 | $1M - $10M (As on Nov 30, 2024) | - | - |
JAKE BELL INSURANCE, INC. CIN: 556989 , United States, Active | Oct 20, 2017 | - | - | - |
TreeToTextile's acquisition details
TreeToTextile got acquired by Lenzing on Feb 02, 2026.
Click here to take a look at TreeToTextile's acquisition in detail
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TreeToTextile's funding and investors
TreeToTextile has raised a total funding of $2.73M over 4 rounds. Its first funding round was on Jan 01, 2017. Its latest funding round was a Seed round on Feb 26, 2025 for $*****. 1 investor participated in its latest round. TreeToTextile has 5 institutional investors.
Here is the list of recent funding rounds of TreeToTextile:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 26, 2025 | 2144941 | Seed | 5604660 | 3420035 | 5150373 | 4898326 |
Oct 09, 2024 | 3828500 | Seed | 2196058 | 4650685 | 8621041 | 9926322 |
Sep 01, 2023 | 4144154 | Grant (prize money) | 2866341 | 2788943 | 1428416 |
View details of TreeToTextile's funding rounds and investors
TreeToTextile's founders and board of directors
Founder? Claim ProfileThe founders of TreeToTextile is Lars Stigsson. Roxana Barbieru is the CEO of TreeToTextile.
Here are the details of TreeToTextile's key team members:
- Lars Stigsson: Co-Founder of TreeToTextile and founder of 1 other company. They are also an angel investor in 1 startup.
- Roxana Barbieru: CEO of TreeToTextile. They serve on the board of 1 company.
TreeToTextile's Board of Directors
TreeToTextile's board has 5 active members. Ole Terland and Roxana Barbieru are part of team and Andrew McIntosh, Nicholas Nelson and Laura Coppen are independent board members.Here is the list of TreeToTextile's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
odqhoos | Team | - | Current | 7y 1m |
frpojns | Team | - | Current | 6y 9m |
Independent board member | - | Current | - | |
ozfmcef | Independent board member | - | Current | 3y 8m |
refd{ub | Independent board member | - | Current | 7y 4m |
View details of TreeToTextile's Founder profiles and Board Members
TreeToTextile's employee count trend
TreeToTextile has 55 employees as of Aug 26. Here is TreeToTextile's employee count trend over the years:
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TreeToTextile's Competitors and alternates
Top competitors of TreeToTextile include Spinnova, InventWood and Spiderwort. Here is the list of Top 10 competitors of TreeToTextile, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of cellulose-based textile fibres | $70.7M | 61/100 | ||
2nd | InventWood 2016, College Park (United States), Series A | Developer of advanced wood material offering strength and fire resistance | $50M | 60/100 | |
3rd | TreeToTextile 2014, Stockholm (Sweden), Acquired | Developer of renewable cellulose fiber technology for textile industry | $2.73M | 60/100 | |
4th | Spiderwort 2017, Ottawa (Canada), Series A | Developer of plant-based biomaterials for repair and regeneration of tissues | $16.1M | 54/100 | |
5th | ECOR Global 2006, San Diego (United States), Series B | Developer of sustainable building materials | $20.2M | 47/100 | |
6th | Provider of material made by recycling cotton from discarded textiles | $11M | 46/100 | ||
7th | INCA Renewtech 2020, Kelowna (Canada), Series A | Provider of bio-composite materials | $4.5M | 40/100 | |
8th | Developer of recyclable cellulose-based foam | $1.1M | 38/100 | ||
9th | EcoPlanet Bamboo 2010, Barrington (United States), Unfunded | Provider of bamboo-based fibers | - | - | 29/100 |
10th | FiberLean 2016, St Austell (United Kingdom), Acquired | Producer of micro fibrillated cellulose | - | 27/100 |
Looking for more details on TreeToTextile's competitors? Click here to see the top ones
TreeToTextile's Investments and acquisitions
TreeToTextile has made no investments or acquisitions yet.
Reports related to TreeToTextile
Here is the latest report on TreeToTextile's sector:
News related to TreeToTextile
Media has covered TreeToTextile for a total of 3 events in the last 1 year.
•
Lenzing Acquires Majority Stake in TreeToTextile to Scale Circular FibersFashionatingWorld•Apr 07, 2026•TreeToTextile, Lenzing
•
Lenzing AG Acquires Majority Stake in TreeToTextile ABWebDisclosure•Feb 02, 2026•TreeToTextile, Lenzing
•
Lenzing Invests in Swedish TreeToTextile's Cellulose FibersFashion Network•Oct 09, 2024•Lenzing, TreeToTextile, H&M, IKEA and 1 other
•
Austria's Lenzing, TreeToTextile partner for next-gen cellulose fibresFibre2Fashion•Oct 08, 2024•TreeToTextile, Lenzing, H&M Group, IKEA and 1 other
•
TreeToTextile wins international award for innovative fiber technology in the textile industryPR Newswire•Nov 09, 2023•TreeToTextile
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Swedish company TreeToTextile announces new Chairman of the Board and new Chief Executive Officer – to help scale the fiber technologyCision•May 30, 2023•TreeToTextile, SCA
•
AFRY project partner in TreeToTextile sustainable textile fiber demo plant in SwedenAFRY•Mar 15, 2023•TreeToTextile, AFRY, IKEA, STORA ENSO
•
TreeToTextile is growing its management team to take on the next steps towards commercializationPR Newswire•Oct 07, 2021•TreeToTextile, Corbion
•
KBR Signs Technology Contract For Sustainable Textile Fiber Plant In SwedenTextile Industries Media Group•Aug 04, 2021•KBR, TreeToTextile
•
TreeToTextile builds demonstration plant for upscaling new sustainable textile fiberPR Newswire•Feb 23, 2021•TreeToTextile
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