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New capital injection for Haelixa

DNA based traceability solution gets backing from the Zürich Silk Association (ZSIG)

7th September 2023

Innovation in Textiles
 |  Zürich, Switzerland

Clothing/​Footwear, Sustainable

Haelixa, a leading physical traceability solution provider, has received a capital injection from the Zürich Silk Association (ZSIG). The Switzerland-based company provides next-generation solutions for transparency in consumer goods supply chains, including textiles and apparel.

The ZSIG is an association of active and former companies from Zürich's silk industry. It was founded in 1854 and is one of Switzerland's oldest trade groups. it focuses on promoting high-quality projects relevant to the textiles industry.

"We are profoundly grateful for the generous support ZSIG provides and their exclusive network. As an association with a rich history in textiles, ZSIG has a track record in selecting future-proof solutions, and this contribution reaffirms our shared commitment to innovation," said Gediminas Mikutis, Haelixa's Co-Founder and the Chairman of the Board.

Haelixa's mission is to be the standard in physical traceability globally. With engineered unique DNA markers designed to withstand all processing and treatment of materials throughout the supply chain, the technology empowers textile and fashion companies to make more responsible choices. By testing products for the DNA as they journey through the value chain, Haelixa validates whether the original marked materials are present. Traceability helps brands verify their claims and provides the data to calculate their environmental and social impact.

The capital contributed will support the scale of Haelixa's global operations. The Board of ZSIG is said to be proud to be part of the investors backing Haelixa's goals to use DNA markers to create full supply chain transparency. The impact of the technology will provide a traceable fingerprint for textiles industry stakeholders.

The Zurich Silk Association (ZSIG) is an association of active and former companies from Zurich’s silk industry. It was founded in 1854 and is thus one of Switzerland’s oldest trade associations. Since 2001, the ZSIG has promoted high-quality projects referencing Zurich’s silk industry. The available funds are employed in a targeted fashion.

Haelixa Ltd. is at the forefront of innovating and bringing traceability solutions for physical products to market, primarily focusing on ensuring comprehensive end-to-end traceability within the consumer goods supply chain. Their special emphasis is on sustainably produced items, including organic and recycled textiles. Haelixa's ground-breaking technology employs DNA markers that are physically integrated into the material, creating a persistent and traceable physical signature from the producer to retail.

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