Swedish Startup Transforms Coastal Seagrass into Sustainable Textiles with €300k Pre-Seed Round
Salt & Fiber, a Malmö-based ClimateTech startup, has secured €300k in pre-Seed funding to scale its technology that transforms beach-cast seagrass into sustainable textile yarns. The company simultaneously launched a €45,000 crowdfunding campaign. The solution addresses coastal waste management (municipalities currently landfill seagrass) and the sustainability challenges of conventional textile production by creating biodegradable, plant-based fibres that require no fresh water, fertilizers, or land. The company is in pilot production, has a supply agreement with a Swedish municipality, and is part of the Älmhult x IKEA incubator, targeting commercialization between 2027-2028.