Brightplus Ltd. raised €2 million in growth funding to advance the industrial scaling of its recyclable, bio-based textile coatings. The funding round was led by Swiss impact investor Collateral Good, with participation from Butterfly Ventures, E.A.T. Holdings, FF-Future, Nordic Option and FutureLab X. Brightplus' BrightBio® technology offers PFAS-free, waterless coatings derived from local biowaste, designed to integrate into existing production lines without added cost.

The Oulu-based company holds a strong patent portfolio and certifications including Oeko-Tex Standard 100. The investment will support international growth, digitalization of the value chain and customization of formulas using local raw materials.

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