Medical textiles group Revolution-ZERO secures £1m investment
West country-based Revolution-ZERO, the medical textiles solutions provider, has secured £1 million equity from the South West Investment Fund via fund manager The FSE Group to accelerate growth.
The BCorp certified company, which has secured accreditations required to supply the NHS, was founded in 2020 and has a strong emphasis on environmental sustainability.
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It was initially focused on reusable masks but has expanded to include surgical textile solutions and decontamination/sterilisation units.
It aims to have six operational medical textile processing units by 2026, rising to 24 by 2028, and wants to become a £25 million turnover business within the next three years.
Founder and CEO, Tom Dawson, said: "We are thrilled to receive this South West Investment Fund investment via FSE, which will not only accelerate our growth but also further our mission to provide sustainable and effective medical textile solutions.
"Our end-to-end service model has already shown significant potential in reducing single-use item dependency in healthcare settings and this funding will help us scale these solutions more rapidly."
In the UK alone, around 53,000 tons of single-use regulated medical textiles are consumed annually, costing the NHS more than £400 million.
Revolution-ZERO aims to disrupt this market, which is valued at £405 million annually in the UK and £4 billion across Europe.
Anna Staevska, FSE investment manager, added: "Revolution-ZERO's innovative approach to medical textiles is a game-changer for the healthcare industry.
"By addressing critical issues related to supply chain vulnerabilities and environmental impact, they are setting new standards for sustainability in the sector. We are excited to support their continued growth and success."
The South West Investment Fund aims to drive sustainable economic growth by supporting new and growing businesses across the region.
