Cambridge textile dyeing spinout Colorifix has been backed by Cambridge Enterprise and retailer H&M in its first disclosed equity round.

Colorifix, a UK-based textile-dyeing spinout of University of Cambridge, has secured $3m in a series A round backed by university tech transfer office Cambridge Enterprise. The round was led by impact investment consultancy Challenger 88 and also featured Primera Impact, a VC fund collaboration between University of Cambridge and Primera Capital, and H&M Co:Lab, the…

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