CRAiLAR
Victoria
About CRAiLAR
CRAiLAR Flax is the first sustainable natural fiber with the potential to revolutionize the textile industry. From the farms where the flax is grown to the mills where it’s spun into yarn, CRAiLAR Flax Fiber drastically reduces chemical and water usage. In fact, CRAiLAR was designated as a 100% BioPreferred® product by the USDA in April 2012. That clean record from dirt to shirt concludes with fabrics that are indistinguishable from cotton, while helping to prevent a cycle of environmental harm. Founded in Vancouver, British Columbia in 1998 by Jason Finnis and Larisa Harrison, the company was originally a provider of environmentally friendly, ethically produced clothing called Naturally Advanced Technologies. The company quickly grew through strategic partnerships with Canada’s National Research Council and Alberta Innovates-Technologies Futures to become a leading developer of renewable and environmentally sustainable biomass resources using flax, hemp, and other bast fibers. CRAiLAR uses a cutting-edge, all-natural enzymatic process to unlock the potential of flax fiber, resulting in a garment that is as soft and durable as cotton, while minimizing the environmental risks associated with its cultivation. This breakthrough has attracted some of the world’s biggest textile and apparel brands. But the versatility of CRAiLAR Flax means its potential uses extend far beyond fiber applications, standing to impact industrial, energy, medical, and composite material industries as well.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $8.8M
- Funding stage: IPO
- Last round: Post-IPO Equity (Mar 2014)
- Ticker: otcbb:CRLRQ
- Website: crailar.com
- Phone: +1 250-658-8582
Industries & Categories
Clean Energy, CleanTech, Mining Technology
Social Profiles
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