The company invested in CO2Nexus, the developer of a textile cleaning system, through its $20 Million & Change corporate venturing fund.
Outdoor clothing company Patagonia has invested an undisclosed sum in US-based industrial laundry system producer CO2Nexus.
The company made the investment through its $20 Million & Change fund, launched in 2013, which aims to fund businesses that are developing environmentally friendly products.
CO2Nexus has developed a sustainable system that cleans, disinfects and coats textiles and garments using liquid carbon dioxide as a solvent, which consumers less energy and no water and generates almost no waste.
“Quite simply, processing textiles and…