ALT TEX is reimagining the uninventive and envrionmentally disastrous materials used in the fashion industry for decades. As the demand for fashion continues to grow, textile production cannot continue to happen at the cost of the planet. At ALT TEX, we believe the solution lies getting creative with the materials we already have, rather than manufacturing new ones.
Employees: 1-10
Total raised: $1.5M
Founded date: 2019
Investors 10
| Date | Name | Website |
| 09.01.2022 | Velocity | velocityin... |
| 30.05.2022 | Plug and P... | plugandpla... |
| - | Panache Ve... | panache.vc |
| 26.05.2022 | Something ... | sgv.ca |
| 05.08.2022 | Y Combinat... | ycombinato... |
| - | Velocity F... | velocity.f... |
| 24.02.2022 | Audrey Cap... | audrey.co |
| 12.06.2021 | Creative D... | creativede... |
| 05.10.2022 | Rebel Fund | rebelfund.... |
| - | NEXT Canad... | directory.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.05.2021 | Pre-Seed | $1.5M | - |
Mentions in press and media 5
| Date | Title | Description |
| 08.06.2023 | H&M Foundation doubles GCA grant and winners to speed up textile industry transformation | Recyclable and biodegradable polyurethane, food waste polyester, circular dyeing, natural bio-colours, ultra high-performing textiles, seaweed material, AI textile sorting, corn husk and sugarcane fabric, zero waste pattern system, textile-... |
| 08.06.2023 | H&M Foundation doubles GCA grant and winners to speed up textile industry transformation | H&M Foundation doubles GCA grant and winners to speed up textile industry transformation Thu, Jun 08, 2023 08:00 CET Report this content Recyclable and biodegradable polyurethane, food waste polyester, circular dyeing, natural bio-colou... |
| 06.10.2022 | Connecticut Innovations Announces Presenting Companies for First VentureClash Climate Edition | NEW HAVEN, Conn. (PRWEB) October 06, 2022 Connecticut Innovations(CI), the state’s leading venture capital arm, today announced the companies selected to present at the VentureClash Climate Edition pitch and networking event on Thursday, Oc... |
| 20.07.2021 | As countries reaffirm their climate goals, Hydrostor gains global traction | As countries reaffirm their climate goals, Hydrostor gains global traction |
| 19.05.2021 | ALT TEX closes $1.5 million pre-seed round to commercialize sustainable polyester alternative | Toronto-based sustainable fashion and biotechnology startup ALT TEX has raised a $1.5 million CAD pre-seed round of funding. The round was co-led by Garage Capital and Amplify Capital, with participation from Globalive Capital, Panache Vent... |