Orange Fiber
Orange Fiber
Overfunded
Equity
8,5%
Valuation
€ 2.700.513
Premoney
Target
€ 250.000
Raised
€ 650.000
For 19,4% equity
260%
Project completed
Target
€ 250.000
Max target
€ 650.000
Min. investment
€ 500
Company type
PMI Innovativa
Quota type
A (€ 10.000), B, C

Description

Orange Fiber S.r.l. is an innovative Italian SME – founded in 2014 by Adriana Santanocito and Enrica Arena – that developed and patented a process to produce sustainable fabrics from citrus juice by-products.
The same year, the entrepreneurs Francesco Virlinzi and Antonio Perdichizzi and the lawyer Corrado Blandini joined the company through an investment of 135 thousand euros.
Since its establishment, Orange Fiber has raised financial resources for more than 500 thousand euros thanks to business angel investments, public funds and grants.
The process has been conceived by Adriana Santanocito and the feasibility has been proven in collaboration with the Politecnico di Milano.

In 2013 the innovative process was patented in Italy, then extended to international PCT in 2014.
Orange Fiber products represent the sustainable and animal-free alternative to silk, with a price aligned to the market offer and two main features:

  • product quality;
  • high environmental sustainability.

Our solution? Offering fashion brands the perfect material/fabric to meet/satisfy their needs for innovation, sustainability, quality and design.

Why invest

Market validation

The market has been validated with the Ferragamo Orange Fiber Collection in 2017 and recently/and in 2019 with the H&M Conscious Exclusive Collection.
In 2017 Orange Fiber concludes a commercial contract for the supply of over 10,000 meters of fabric with Salvatore Ferragamo.
Faithful to their motto “Responsible Passion”, Salvatore Ferragamo has been the first fashion house to employ Orange Fiber fabrics to create an exclusive capsule collection that sounds like a hymn to Mediterranean creativity enhanced by the original prints by Mario Trimarchi, architect and designer Compasso d’Oro 2016.
Thanks to the Ferragamo Orange Fiber Collection key concepts such as sustainability and respect for the environment are harmoniously combined with the design and excellence of Italian fashion, to give new shape and content to the concept of luxury.
In 2019 Orange Fiber fabric has been included in the H&M Conscious Exclusive Collection, a special collection entirely made with sustainable and recycled materials. The Conscious Exclusive is launched once a year with dedicated events around the world and marketed in selected stores among the 4000 flagship stores of the H&M group all over the world.

Global Brand Awareness

Thanks to the work of brand building, communication and marketing, the Orange Fiber brand is recognized worldwide as the best practice of sustainable, innovative and high quality fabric for fashion and as a valid ally for brand storytelling.

Results achieved

Prizes and Awards:

  • Global Change Award 2015 – H&M Foundation;
  • Technology & Innovation Award at Green Carpet Fashion Awards Italia 2017 – Camera Nazionale della Moda Italiana, ​Eco ​Age.
  • Fashion for Good-Plug and Play Accelerator Program 2018 – Fashion for Good; Plug and Play; Adidas; C&A; Galeries Lafayette; Kering; Otto Group; PVH Corp; Target; Zalando.

Use of proceeds

Today we launch an equity crowdfunding campaign to optimize the industrial process and increase production capacity. In order to achieve these results, we will activate the provision of public funding already approved by Invitalia, Smart & Start program, up to a maximum amount of 650,000 euros.

Minimum objective: 250k

Create a production plant able to extract up to 30 tons of cellulose per year.

Maximum objective: 650

Increase investments for the creation of a production plant able to extract up to 60 tons of cellulose per year.
This scenario will allow the company to produce inventories and meet the demand of fashion brands faster.

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The information on the offer is not subject to approval by Consob. The bidder is solely responsible for the completeness and truthfulness of the data and information provided by the same. The investor's attention is also drawn to the fact that the investment, including through OICR or companies that mainly invest in financial instruments issued by small and medium-sized companies, is illiquid and characterized by a very high risk.