A world of colour, naturally.

Building financial models for the data room to attract investors to join in solving the world’s synthetic dye problem

The Opportunity

The textiles industry has a problem. It uses 800,000 tons of synthetic dyes every year. Ninety percent of our clothes use these synthetic dyes, which are primarily derived from fossil fuels. Manufacturing of these dyes has a large negative impact on human health and the environment. This industry is actively seeking more sustainable, earth- and people-friendly solutions to overcome these issues and still bring brilliant colour to its products.

The Challenge

Lite-1 has developed the next generation of 100% sustainable colourants grown from microorganisms. With active trials with sustainable materials companies, and imminent testing with fashion brands, Lite-1 was at a prime moment in their commercialization journey. But that would require scaling, which would require capital.

NPC’s Solution

Lite-1 knew that investors would need to see a solid business plan and robust financial modeling – expertise they didn’t have in-house. NPC provided funds through their Fast Track To Financing Program to help Lite-1 hire a fractional CFO to bring their strategy and documentation up to the level expected by the capital providers. With this refinement under their belts, Lite-1 has generated interest with additional funders and industry partners.