Tech Company Financing Transactions
Kintra Fibers Funding Round
Kintra Fibers, operating out of New York, raised $8 million from Bestseller Foundation, Fashion for Good and H&M Group Ventures.
Transaction Overview
Company Name
Announced On
4/10/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
63 Flushing Aenue, Building 212 305
New York, NY 11205
USA
New York, NY 11205
USA
Phone
Undisclosed
Website
Email Address
Overview
Kintra Fibers is a materials science company that has developed a proprietary bio-based and biodegradable polyester. Kintra's material is designed to address the environmental impact caused by traditional polyester at every stage, from the start to end-of-life. By utilizing bio-based inputs and designing a biodegradable material from the outset, Kintra Fibers is transforming the apparel industry to work in harmony with the planet.
Management Team
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