Renaissance Fiber Secures $2.24 Million To Scale Domestic Hemp Fiber Manufacturing

MOCKSVILLE, N.C. — October 20, 2026 — Renaissance Fiber has secured $2.239 million in combined financing to complete and operate its first commercial-scale hemp fiber processing facility in Mocksville, North Carolina. The package includes $2 million in SBA-backed financing, a $100,000 low-interest loan from the Fibers Fund, and a $139,000 zero-interest recoverable loan from Invest … Continue reading Renaissance Fiber Secures $2.24 Million To Scale Domestic Hemp Fiber Manufacturing