Revolution-Zero, a leading player in medical textiles, has successfully secured £1.6 million in new funding. Founded in the midst of the Covid-19 pandemic, the company focuses on sustainable solutions.
With this investment, Revolution-Zero intends to expand its workforce and accelerate growth. The Truro-based venture is making a significant impact in healthcare sustainability with its reusable textile innovations.
In a progressive step forward, Revolution-Zero has secured a notable financial boost through a £1 million investment from the South West Investment Fund. This was complemented by funds from private investors, marking a total of £1.6 million. This capital is expected to facilitate the creation of 20 new jobs, bolstering the company’s growth trajectory in the sustainable medical textile market.
Revolution-Zero’s innovative approach in reducing single-use health items stands at the forefront of their mission. Initiated during the global health crisis, their solutions have shown viability in healthcare environments, aiding in environmental conservation.
The company’s end-to-end service model has successfully highlighted its potential in diminishing dependencies on disposable medical items, showcasing its commitment to sustainable practices.
Revolution-Zero was established in 2020.
The company initially concentrated on reusable masks. Since then, it has broadened its product line to include surgical textiles and sterilisation units.
Receiving NHS accreditation in 2021 catalysed its rapid development. Revolution-Zero has expanded its team to 23 members and has more than tripled its financial turnover.
With an eye towards the future, Revolution-Zero is aiming to operate six medical textile processing units by 2026. The objective is to expand this number to 24 by 2028.
This strategic development targets a revenue milestone of £25 million within the following three years, illustrating its potential for substantial scaling.
Anna Staevska, investment manager at FSE Group, acknowledges Revolution-Zero as a transformative force in the industry. Their solutions address vital concerns such as supply chain issues and environmental impacts.
Paul Jones, of the British Business Bank, affirms that the company’s reusable products are not only environmentally beneficial but also economically advantageous.
As a BCorp certified entity, Revolution-Zero emphasises its dedication to environmental, social, and economic sustainability. The company’s initiatives are outpacing traditional methods in fostering ecological balance.
The firm’s proactive approach signifies a transition in the industry towards environmentally friendly practices, setting a benchmark for others in the sector.
Revolution-Zero’s venture aligns with a global shift towards sustainable business practices. By focusing on reusable products, the company is playing a crucial role in reducing healthcare-related waste.
This alignment not only benefits the environment but also contributes to lowering operational costs for healthcare providers by minimising waste disposal needs.
With secured funding and a commitment to innovation, Revolution-Zero is well-positioned to transform the medical textiles industry. Their focus on sustainability aligns with global environmental objectives, promising both ecological and economic benefits.
