Fundraising Fox

Green Theme Technologies

Rio Rancho, US · Founded 2018 · Delaware corporation · 7 known investors

EMPEL develops a PFAS-free water-repellent coating technology that bonds directly to fiber materials for durable, long-lasting performance without wastewater generation. The product targets textile and apparel manufacturers seeking sustainable alternatives to traditional durable water repellent (DWR) treatments.

CleantechNew Materials

Founders & leadership

Green Theme Technologies was founded in 2018 by Gary S. Selwyn.

GS
Gary S. SelwynFounder
TL
Thomas LopezExecutive
MF
Martin FloraNamed on SEC filing
ZJ
Zachariah JonassonNamed on SEC filing
RC
Ryan ChenNamed on SEC filing

Board

DBDavid Blivin
David BlivininBoard directorMANAGING PARTNER at Cottonwood Technology Fund
CEChris Erickson
Chris EricksoninBoard directorFounder at Pangaea Ventures Us Inc.
BBBrian Birk
Brian BirkBoard directorManaging Partner at Sun Mountain Capital
SRSrinivas Rao
Srinivas RaoinBoard directorInvestor at Phoenix Venture Partners
JB
Jeff BowmanBoard director

Investors · 7

Cottonwood Technology FundDenver · $1M – $25M
Pangaea Ventures Us Inc.Vancouver · $500K – $1.5M
Dangerous VenturesreportedSanta Fevia Gaby Darbyshire · inferred
Panamerican VC InvestmentsreportedSanta Fe
Pangaea VenturesreportedScottsdale
Phoenix Venture PartnersreportedSan Mateo · $100K – $3M
Sun Mountain CapitalreportedSanta Fevia Brian Birk · board

Reported raises · per SEC filings

Form D private placements

$22.7M disclosed across 5 rounds · 2018–2024

▶$6.2MraisedNov 2024 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Srinivas RaoDirector
  • David BlivinDirector
  • Thomas LopezExecutive Officer, Director
  • Chris EricksonDirector
  • Jeff BowmanDirector
Offering amount
$8M
Amount sold
$6.2M
Proceeds to insiders
$312K
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.5MraisedOct 2022 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David BlivinDirector
  • Brian BirkDirector
  • David AndreasExecutive Officer, Director
  • Thomas LopezDirector
  • Zachariah JonassonDirector
Offering amount
$7.1M
Amount sold
$5.5M
Proceeds to insiders
$300K
First sale
Sep 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$665KraisedDec 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas LopezDirector
  • Zachariah JonassonDirector
  • David AndreasExecutive Officer, Director
  • Brian BirkDirector
Offering amount
$1.5M
Amount sold
$665K
Minimum investment
$1K
Proceeds to insiders
$99.8K
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.5MraisedJun 2021 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Zachariah JonassonDirector
  • Thomas LopezDirector
  • David AndreasDirector
  • Gary S SelwynExecutive Officer, Director
  • Brian BirkDirector
Offering amount
$6.9M
Amount sold
$3.5M
Proceeds to insiders
$267.5K
First sale
May 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.9MraisedAug 2018 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary S. SelwynExecutive Officer, Director
  • Martin FloraExecutive Officer, Director
  • Zachariah JonassonDirector
  • Thomas M. LopezDirector
  • Ryan ChenDirector
  • Brian BirkDirector
Offering amount
$7.4M
Amount sold
$6.9M
Proceeds to insiders
$500K
First sale
Aug 2018
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Press - EMPEL®empel.green · Sep 2025Green Theme Technologies closes $6M series C funding round, deals with major brands - Albuquerque Business Firstbizjournals.com · Nov 2024Green Theme Tech raises $6M to scale sustainable textile technologyconstructionworld.in · Nov 2024Green Theme Technologies, Inc. Closes $6 Million Series C Funding Round to Fuel Sustainable Innovation in Textile Technologies - WhatTheyThinkwhattheythink.com · Nov 2024Green Theme Technologies closes $6 million Series C funding round - FashionNetworkww.fashionnetwork.com · Nov 2024Rio Rancho's Green Theme Technologies raises $5.4 million to push its textile technology - Albuquerque Business Firstbizjournals.com · Oct 2022

Frequently asked questions

What does Green Theme Technologies do?
EMPEL develops a PFAS-free water-repellent coating technology that bonds directly to fiber materials for durable, long-lasting performance without wastewater generation. The product targets textile and apparel manufacturers seeking sustainable alternatives to traditional durable water repellent (DWR) treatments.
Who founded Green Theme Technologies?
Green Theme Technologies was founded by Gary S. Selwyn in 2018.
Who are Green Theme Technologies's investors?
Green Theme Technologies's investors include Cottonwood Technology Fund, Pangaea Ventures Us Inc., Dangerous Ventures, Panamerican VC Investments, Pangaea Ventures, Phoenix Venture Partners, Sun Mountain Capital.
How much funding has Green Theme Technologies raised?
Green Theme Technologies has disclosed $22.7M raised across 5 rounds.
Where is Green Theme Technologies headquartered?
Green Theme Technologies is headquartered in Rio Rancho, US.