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Natural Fiber Welding
Develops technology that can use plants and natural fibers to make textiles, and other durable items
About Natural Fiber Welding
In the heart of Peoria, Illinois, a groundbreaking company is reshaping the materials industry. Natural Fiber Welding (NFW), founded by Luke Haverhals, is pioneering a new era of sustainable materials. Haverhals, driven by a vision to create high-performance materials from renewable resources, laid the foundation for NFW's innovative approach.
NFW's journey began with a simple yet revolutionary idea: to develop all-natural, plastic-free alternatives to traditional materials. This vision quickly gained traction, attracting attention from major investors and industry leaders. The company's unique process of welding natural fibers into durable materials has set it apart in the competitive landscape.
A significant milestone in NFW's journey was the successful closing of an $85 million Series B funding round in April 2022. This influx of capital enabled the company to scale its operations and expand its reach into new markets. The funding round was backed by prominent investors, underscoring the confidence in NFW's potential to revolutionize the materials industry.
Today, Natural Fiber Welding stands at the forefront of sustainable innovation, offering a glimpse into a future where materials are not only high-performing but also environmentally friendly. With a strong foundation and a clear vision, NFW continues to push the boundaries of what's possible, crafting a legacy of sustainability and innovation.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Peoria, United States
- Employees
- 140
- Open positions
- None listed
- Dealroom signal
- 61.9/100
- Industry
- Fashion
- Sector
- Fashion, Biotechnology, Biomaterials, Spinout, Sustainable Development Goals, Industrial Technology, Advanced Materials, Climate Tech, Circular Economy, Blue Economy, Blue Biotechnology, DT and LS, science-based
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jan 2026 | $0 | — | Undisclosed | ↗ |
| LATE VCOther financing | Oct 2023 | $0 | — | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for Natural Fiber Welding is 4.7K monthly website visits, down 50.5% over the last three months. Natural Fiber Welding's team declined 5.4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later19 investors entered at this stage
Ralph Lauren Corporation
Advantage Capital
Smartbird | formerly Allbirds
Community Development Venture Capital Alliance
BMW i Ventures
Prairie Crest Capital
For Good Ventures
Evolution VC Partners
Ethos Capital
Collaborative Fund
Gaingels- CACentral Illinois Angels
- TATattarang
Raga Partners
Scrum Ventures
AiiM Partners
Lewis & Clark Agrifood
Tidal Impact
Engine No.1
Other known investors2 additional known investors
Bradley University
United States Naval Academy / U.S. Naval Academy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Natural Fiber Welding on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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