Twine Solutions
Digital Thread and Yarn-dyeing System
Startup Mature Industrial Technologies Est. 2015
Total Raised
$50M
Mature
Last Round
Undisclosed
6 rounds
Investors
7
7 public
Team
5
11-50 employees
Confidence
101/100
News
14
articles
Patents
1
About
Twine Solutions has developed a proprietary digital thread-dyeing system and a digital dye-to-match color application. Twine's system continuously dyes a single, white, off-the-shelf thread to any requested length and in any color. Twine's Digital Selective Treatment technology enables thread dyeing on demand and is ready to use within seconds in a waterless, eco-friendly process. Twine's technology offers an alternative to conventional bulk dyeing, eliminating the need for colored thread stock and reducing logistics, dead stock, and other waste costs. The single-thread, single-needle, multi-color method improves production efficiencies, margins, and overall profitability, resulting in a return on investment of less than a year and low total cost of ownership.
Classification
Sector
Climate TechClean Industry Tech Eco-Efficient ManufacturingIndustrial TechnologiesMaterial Innovations & Applications
Core Technology
Machinery & RoboticsMaterials & SubstancesNonwoven Fabric
Target Customer
Commerce & RetailConsumer GoodsApparelSports EquipmentTextileTransportation & LogisticsLogisticsMedia & EntertainmentFashion
Business Model
B2BB2C
Tags
fashionindustry-4.0climate-techmaterialstextilemanufacturing
Funding & Events
Oct 2021
Non-equity Undisclosed
Mar 2017
Non-equity Undisclosed
Jul 2019
C Round $28M
Menora Mivtachim Insurance (Lead), New Era Capital Partners, Meitav Dash, Gefen Capital, Landa Ventures
Feb 2018
Non-equity Undisclosed
Dec 2018
B Round $22M
Landa Ventures, Gefen Capital, Maverick Ventures IsraeI, HP Tech Ventures, New Era Capital Partners
Dec 2015
Non-equity Undisclosed
News (14)
Nov 12, 2023 · www.calcalist.co.il
growth-negative
חברת הדפוס הדיגיטלי Twine Solutions שמעסיקה 40 עובדים מבקשת עיכוב הליכים | כלכליסט
InvestmentLayoffs
Jan 5, 2023 · www.calcalistech.com
growth-negative
Twine Solutions cuts a third of its workforce | CTech
Layoffs
Apr 1, 2022 · www.formula4media.com
growth-positive
Dyeing for Change - Textile Insight
CustomersPartners
Aug 6, 2021 · sustainability.4your.biz
growth-positive
Alon Bar-Shany - Off to new (sustainable) shores
Partners
May 19, 2021 · en.globes.co.il
growth-positive
Thread dyeing co Twine Solutions raises $28m
Investment
Apr 14, 2021 · www.theinterline.com
growth-positive
Video Interview: Is Digital Dyeing Ready For Prime-Time? - The Interline
CustomersPartners
Oct 13, 2020 · www.theinterline.com
growth-positive
Where Are We Going? - The Interline
CustomersPartners
Jun 11, 2020 · www.theinterline.com
growth-positive
Sampling: Is All-Digital A Step Too Far? - The Interline
CustomersPartners
Oct 18, 2019 · www.whichplm.com
On-Demand and Sustainable? - WhichPLM
Jul 17, 2019 · www.israel21c.org
growth-positive
Israeli startup set to shake up the clothing industry
CustomersPartners
Apr 3, 2019 · www.knittingindustry.com
growth-positive
Twine's digital thread dyeing system to launch at ITMA
Partners
Dec 5, 2018 · www.calcalistech.com
growth-positive
Textile Technology Startup Twine Solutions Raises $22 Million
Investment
Dec 4, 2018 · www.whichplm.com
Twine Solutions Successfully Completes its Growth Stage Investment Round - WhichPLM
Jun 27, 2018 · whattheythink.com
growth-positive
Twine Solutions Names First Beta Customer for Its Digital Selective Thread Dyeing System and Solutions
CustomersPartners
Details
Product Stage
Released
Employees
11-50
Exact Count
45
District
Center District
Founded
2015
Registrar
515218717
Crunchbase
twine-solutions
Locations
HaTnufa Street 7, Petah Tikva, Israel
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Sep 21, 2024
Verified by
Natalia Golczar
Claimed
Yes
Missing
markets
Team (5)
Allon Maoz
CEO
Kfir Katzover
VP Customer Support
Moshe Peles
VP R&D
Yuval Nahum
VP Sales
Nir Dvir
EMEA Sales and Business Development Manager
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2017-08-11T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)