ALT TEX

Radically sustainable and ethical textiles, engineered from food waste.

General Information
Company Name
ALT TEX
Founded Year
2019
Location (Offices)
Founders / Decision Makers
Number of Employees
13
Industries
Sustainability, Waste Solution
Funding Stage
Grant
Social Media

ALT TEX - Company Profile

ALT TEX is a pioneering company that aims to revolutionize the fashion industry by offering radically sustainable and ethical textiles, engineered from food waste. Founded in 2019, the company operates in the sustainability and waste solution sectors, addressing the pressing need for environmentally conscious practices within the fashion industry. With the increasing global demand for fashion, there is an urgent requirement to shift towards sustainable and eco-friendly materials to mitigate the industry's impact on the environment.

ALT TEX's mission is to re-imagine the conventional and environmentally harmful materials used in fashion. The company firmly believes in leveraging existing resources, specifically food waste, to create innovative textiles. By utilizing food waste as the primary source for production, ALT TEX sets itself apart from traditional textile production methods, offering a viable solution to the environmental concerns associated with the industry.

The most recent milestone for ALT TEX was the €200.00K grant investment received on 08 June 2023, with the backing of the renowned H&M Foundation - Global Change Award. This funding signifies a pivotal moment for the company, highlighting its potential to garner support from prominent entities in the industry, helping accelerate its growth and impact on the sustainable fashion space.

Taxonomy: sustainable fashion, ethical textiles, food waste, environmentally friendly materials, textile innovation, fashion industry, material engineering, eco-friendly manufacturing, sustainable materials, ethical fashion, sustainable design, textile production, sustainable innovation

Funding Rounds & Investors of ALT TEX (9)

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Funding Stage Amount No. Investors Investors Date
Grant €200.00K 1 08 Jun 2023
Seed Round Unknown 1 01 Oct 2022
Seed Round Unknown 1 01 Aug 2022
Pre Seed Round $500.00K 1 21 Jul 2022
Grant $15.00K 1 20 Oct 2021

View All 9 Funding Rounds

Latest News of ALT TEX

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No recent news or press coverage available for ALT TEX.

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