Renaissance Fiber (RF), Winston-Salem, N.C., has received a $75,000 investment from Equilibrium Impact Ventures to support the launch of its hemp fiber refining facility in Mocksville, N.C. The funding will enable RF to scale its clean, proprietary process for “cottonizing” U.S.-grown hemp, making it compatible with existing textile machinery and enhancing fiber performance. The project aims to build a transparent, sustainable farm-to-fabric supply chain while creating new opportunities for U.S. farmers and manufacturers.
“This investment from Equilibrium Impact Ventures is crucial for launching the initial phase of our infrastructure buildout in Mocksville,” said Daniel Yohannes, CEO and co-founder of Renaissance Fiber. “For the first time, we can scale our process to integrate degummed hemp as a versatile fiber into U.S. and global textile production. By building this advanced refining capacity here in North Carolina, we are not just enabling sustainable, domestic fiber production — we are creating vital new opportunities for American farmers and manufacturers to lead the global shift towards eco-friendly textiles.”
2025 Quarterly Issue II
