NFW

NFW is a circularity platform for plastic-free performance materials. NFW follows three Ground Rules in everything we develop: start well, stay clean, end well. While nearly everything in the built world relies on some type of plastic that began as crude oil and that will become plastic pollution, we are establishing a new material reality. We believe all materials should begin and end as nutrients, ready for the next growth cycle—true circularity. Our multi-material platform serves a wide range of industries—from fashion and footwear to automotive and upholstery. NFW technology embeds seamlessly into existing supply chains, enabling the world's most iconic brands to design and scale products with high-performance, plastic-free materials. NFW makes global brands more sustainable, empowering them to create without plastics. Alongside the boldest brands and visionary designers, we are pioneering a naturally circular, post-oil economy.

Textiles Peoria, United States Founded 2015 ~36 employees Private · Debt Financing

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Employees
36
0% in the 3 months to Sep 2026
Revenue / employee
$1.3M
Revenue ~$45M
Total funding
$212M
Last round Debt Financing, Dec 2024
12-month attrition
58.5%
Tech: 52.5%
H1B sponsor
NA

Headcount trend

NFW went from 118 employees in Oct 2024 to 36 in Sep 2026. Apr to Sep 2026: 1 people joined, 1 left.

Org structure

Headcount by department

Other16
Engineering10
Operations5
Finance2
Sales1
HR1
Design1

Funding

  • Dec 2024 · Debt Financing · $23.6M · AiiM Partners
  • Mar 2024 · $23.7M · Evolution Venture Partners
  • Oct 2023 · Sage Automotive Interiors, Asahi Kasei Group
  • Jun 2023 · Debt Financing · $24.8M · Evolution VC Partners, AiiM Partners
  • Oct 2022 · Debt Financing · $20M · Evolution VC Partners, AiiM Partners
  • Mar 2022 · Series B · $85M · Evolution VC Partners, Tattarang, Lewis & Clark AgriFood
  • Jul 2021 · Venture · $15M · The Community Development Venture Capital Alliance, BMW i Ventures, Prairie Crest Capital
  • May 2021 · $5M
  • Feb 2021 · $2M · Allbirds
  • Aug 2020 · Venture · Fashion For Good
  • Jul 2020 · $13M · Ralph Lauren Corp, Central Illinois Angels, Prairie Crest Capital

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NFW FAQ

How many employees does NFW have?

NFW has about 36 employees, unchanged over the 3 months to Sep 2026.

What is NFW's revenue per employee?

NFW makes about $1.25M in revenue per employee, based on $45M annual revenue and 36 employees.

How much funding has NFW raised?

NFW has raised $211.98M in total funding; its latest round was Debt Financing in Dec 2024.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.