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Consumer Series C Founded 2012

Carbitex

Carbitex designs and develops advanced carbon-fiber materials for the fashion and performance footwear industries, creating materials with features including strength, stretch resistance, power transfer, and flexibility. The company caters to industries producing footwear, sports equipment, and travel products. Founded in 2012 and headquartered in Kennewick, United States, Carbitex has raised approximately $28M in…

📍 Kennewick, United States · Fashion Tech,

Funding snapshot

Last roundSeries C
Amount$3M
Date8 October 2024
Total raised$28M
Team size26

About

Carbitex designs and develops advanced carbon-fiber materials for the fashion and performance footwear industries, creating materials with features including strength, stretch resistance, power transfer, and flexibility. The company caters to industries producing footwear, sports equipment, and travel products. Founded in 2012 and headquartered in Kennewick, United States, Carbitex has raised approximately $28M in Series C funding from investors including Westlake International Group, Lucas Venture Group, Trilogy Equity Partners, Paxion, and NewBound Ventures. The company employs 26 people and its proprietary carbon-fiber textile technology enables the creation of flexible yet rigid-on-demand materials that enhance athletic performance by providing energy return and structural support in footwear, bridging the gap between rigid carbon fiber composites and flexible textile materials for consumer applications.

Business model

Advanced Materials > Nanostructures > Carbon > Fullerenes > Carbon Nanofibers,

Nanotechnology > Nanoenabled Products > Textiles > Fabric > Nanofibers,

Fashion Tech > Innovative Materials > Sustainable Fabrics > Carbon to Textile,

Air Pollution Management Tech > Carbon Management > Carbon Capture > Carbon to Materials > Nanomaterials > Nanofibers

Institutional investors

Westlake International Group Lucas Venture Group Trilogy Equity Partners Paxion NewBound Ventures Michael Marks

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