Haelixa Is Selected for Funding Program From Singapore

(CONNECT) Kemptthal-based Haelixa AG has been selected for the Amplifier Program 2025 by the Philanthropy Asia Alliance (PAA) and the Centre for Impact Investing and Practices (CIIP), both based in Singapore. According to a press release, the two organizations want to support innovative early-stage companies that are developing solutions with the potential for far-reaching social and environmental impact. The Kemptthal-based company was selected for its commitment to creating transparency and trust in the fashion and textile industry with its technology for the traceability of textiles using DNA markers.

In addition to Haelixa, a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), the companies Baytech-HMS, unspun and Novoloop were selected from more than 100 applicants for this year's Amplifier Program in the field of textile recycling management.

"At Haelixa, we believe that technology has the potential to fundamentally change supply chains and make them much more transparent," said Gediminas Mikutis, CTO and co-founder of Haelixa, in the press release. "Participating in the Amplifier Program gives us the opportunity to increase our impact by collaborating with industry leaders and expanding our solution to new markets and customer segments." ce/ww