Nextiles is a venture that aims to revolutionize exercise through its smart apparel platform, offering enhanced safety, efficiency, and performance insights. Founded in 2019 and based in New York, New York, the company leverages innovative technologies to integrate athletic clothing with an analytics system, providing new insights into movement. Using repurposed sewing technology, Nextiles combines electrically conductive fibers to design innovative wearable circuits, demonstrating expertise in electrical engineering and circuit design. The company recently secured a $5.00M Seed Round investment on 07 June 2022, with backing from notable investors such as Alumni Ventures Blockchain Fund, Drive by DraftKings, Newlab, Phoenix Capital Ventures, Hilary Knight, and other prominent names in the industry. With a focus on Analytics and Healthcare, Nextiles is poised to make a significant impact in the wearable technology landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $5.00M | 10 | Hilary Knight, National Basketball Association +4 | 07 Jun 2022 |
Grant | Unknown | - | 01 Dec 2021 | |
Grant | $255.75K | - | 10 Nov 2021 | |
Pre Seed Round | Unknown | - | 01 Oct 2020 | |
Pre Seed Round | Unknown | - | 05 Feb 2020 |
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