Natural Fiber Welding was founded in 2015 by Luke Haverhals. The company has not publicly endorsed plans to participate in an IPO.
Natural Fiber Welding is a material science company developing technology to make sustainable textiles with plants and other natural fibers. The company aims to make its technology fully scalable and economically competitive. Haverhals and NFW CTO Aaron Amstutz were awarded the Intellectual Property Owners Education Foundation's Inventor of the Year award in 2022. Natural Fiber Welding has raised more than $175 million in venture capital funding from investors including Tidal Impact, Tattarang, Scrum Ventures, and Ralph Lauren. The company did not disclose valuation figures following an $85 million fundraising round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
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The stock price for Natural Fiber Welding will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
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Natural Fiber Welding is a private company and not publicly traded.
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