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ALT TEX

ALT TEX

Private
TorontoEnergy & Sustainabilityhttps://thealttex.com/

Last Round

Grant

Jun 8, 2023

Total Funding Raised

$2.94M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

ALT TEX is a biomaterials company that develops biodegradable and carbon-neutral polyester alternatives from food waste.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Advanced Materials, Fashion & Beauty, Clean Manufacturing, Biotechnology

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

biodegradable textilebio-based polyestersustainable fashionbiomaterialscircular fashionfood waste recyclingfermentation technologybio-fiberpolymer resinmaterial scienceeco-friendly fabricsynthetic fiber alternativebiotechgreen chemistry

Historical Pricing

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Caplight Momentum Score

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ALT TEX Comparables

Compare ALT TEX with similar companies based on industry and business-model similarity.

ALT TEX comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kintra Fibers
87%
Werewool
86%
Bioworks Corporation
83%

ALT TEX Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantJun 8, 2023
SeedSep 7, 2022
SeedAug 4, 2022
GrantDec 9, 2021
Pre SeedMay 19, 2021

Key People

Founding team and executive leadership

Myra Arshad

Co-founder CEO

Founding Team

ALT TEX Investors

Notable investors and investment history

ALT TEX investors
InvestorRounds
Sustainable Development Technology CanadaGrant
Panache VenturesSeed, Pre Seed
Amplify CapitalSeed, Pre Seed
PresstarPre Seed
Garage CapitalSeed, Pre Seed
H&M FoundationGrant
Spacecadet VenturesPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 20, 2026

    Grew 27% QoQ from 11 to 14 employees.

  • May 17, 2026

    Monthly visitors increased 123% MoM, reaching 1.3K.

ALT TEX Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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ALT TEX Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about ALT TEX's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range14
Year Founded2020
Last FundingJun 8, 2023

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