Deeptech

Nibertex raises oversubscribed round for sustainable waterproof fabric

April 16, 2024

The most breathable and waterproof fabric ever? This is what Philippine and Singapore-based startup Nibertex is here to create.

Now, they’ve just raised an oversubscribed funding round.

Investor check. Foxmont Capital Partners led the round.

👇🏼 What they’re all about

Nibertex is creating material science innovations that are great for the environment, serve their customers, and positively impact society.

This starts with their high-performance, waterproof, and breathable Nibertex membrane!

Why do we need another waterproof material? Ever heard of “forever chemicals”? These chemicals, also known as PFAS, are found in tons of things in our environment, including waterproof and water-resistant fabric.

  • But because of potential threats to human health and the environment, customers and businesses are looking to avoid them.
  • They also take many years to break down in the environment (and in the human body).

💦 The ABCs on the Nibertex membrane

  • It is PFAS-free, which means environment and health-conscious brands and consumers will be able to use it.
  • Beyond just fabrics. Their technology can be used in the electronics, automotive, and construction industries too.

🔥 What’s next?

They’ll significantly increase their current capacity to meet demand.

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