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Coloreel Wins Innovation Award for Thread Coloring Technology

Coloreel, the Swedish textile technology company behind a unique digital thread coloring process, last week received Sweden’s largest innovation award for ingenuity, which the prize foundation said “revolutionizes the technological possibilities for industrial embroidery.” The SKAPA prize, established in memory of inventor Alfred Nobel, comes with a cash prize of roughly $55,000 and is awarded to innovators and inventors…

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