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ALT TEX
AddedMar 20, 2024
UpdatedJul 2, 2026
ALT TEX

ALT TEX

Angel

ALT TEX: Transforming food waste into sustainable, cost-effective textiles for fashion brands.

HQ
Brampton, Ontario, CA
Founded
2020
Accelerator
Y Combinator logoY CombinatorS22
Overview
Compare
Fundraising
Employees
Website

ALT TEX, founded in Toronto, is a biomaterials startup dedicated to revolutionizing the textile industry by creating biodegradable and carbon-neutral fabrics from food waste. Their mission is to address the environmental impact of polyester, which dominates 60% of the $2.5 trillion fashion industry and hinders sustainability efforts. ALT TEX's innovative fermentation technology produces a sustainable polyester alternative that integrates seamlessly with existing manufacturing processes, targeting fashion brands committed to reducing their ecological footprint.

Notable figures associated with ALT TEX include its founders and key investors who support its groundbreaking approach to sustainable textiles. The company has achieved significant milestones, including the development of a patent-pending technology that transforms food waste into viable textile materials. ALT TEX's impact extends beyond product innovation, as it actively contributes to reducing landfill waste and greenhouse gas emissions, positioning itself as a leader in the sustainable fashion movement.

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ALT TEX - Quick Facts

Who are ALT TEX's competitors?

Companies similar to ALT TEX include Kintra Fibers, Bolt Projects Holdings, Regenerated Textile and Simplifyber.

When was ALT TEX founded?

ALT TEX was founded in 2020.

Where is ALT TEX's headquarters located?

ALT TEX's headquarters is located in Brampton, Ontario, CA.

When was ALT TEX's last funding round?

ALT TEX's most recent funding round was for $200k (USD) in June 2023.

How much has ALT TEX raised to-date?

As of Jun 8, 2023, ALT TEX has raised a total of $2.2M (USD).

How many employees does ALT TEX have?

ALT TEX has 6 employees as of Feb 24, 2024.

ALT TEX - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • Biotech
Geographic Exposure
  • Global
Model
  • Manufacturing
Main Product
  • Fabrics
  • Textiles
Tags
  • Cleantech