Biggeorge’s-NV Equity invests in Laokoon Mozgószövet Kft., a Hungarian textile innovator, to explore applications for its unique mobilizing fabric technology.

Target Information

Laokoon Mozgószövet Kft. is a pioneering textile company based in Tata, Hungary, focused on developing an innovative fabric structure known as 'mozgószövet' or mobilizing fabric. The founder and owner, Zsuzsanna Szentirmai-Joly, a textile designer, has dedicated years to perfecting this unique textile technology, which allows woven strips to slide over each other and even transform in a spherical or planar manner. This innovative product has garnered substantial interest not only in the fashion industry but also among interior designers, leading to multiple accolades both domestically and internationally, including the prestigious Formatervezési Nívódíj and recognition as the Audience Award winner at the IV. Startup Underground event in March 2011.

The investment by Biggeorge’s-NV Equity aims to explore the various potential applications of this mobilizing fabric, address challenges related to mass production, and establish operational frameworks for the company. The Laokoon team collaborates with both local and international fashion designers and interior decorators to maximize the utility of the unique possibilities offered by their innovative product.

Industry Overview

Hungary's textile and fashion industry has been evolving rapidly, with a growing emphasis on innovation and sustainable practices. In recent years, there has been a significant shift towards the development of unique materials a