# Alt.Leather

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alt-leather

- Industry: Materials
- Headquarters: Melbourne, Australia
- Website: www.alt-leather.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Jan 30, 2024)
- Investors on record: 4

## About

Based in Melbourne, Australia, and founded in 2022 by CEO Tina Funder, Alt.Leather develops and manufactures bio-based leather alternatives. In January 2024, Alt.Leather raised USD 1.1 million in seed funding from new investors Wollemi Capital Group, The Austin Group, and LaunchVic.

ALT. Leather offers an environmentally friendly and sustainable alternative to animal leather and PVC/PU synthetic-based leathers made from agricultural waste and regenerative plants to create animal-free, plastic-free materials for fashion, footwear, and other industries.

The company plans to use the January 2024 funding to submit a provisional patent application and start sample manufacturing in association with Australian companies.

## Funding rounds

- Seed, Jan 30, 2024, $1.1M — StartMate, LaunchVic, The Austin Group, Wollemi Capital Group

## Investors

- StartMate (https://capitalatlas.ai/funds/startmate) — Seed
- LaunchVic (https://capitalatlas.ai/funds/launchvic) — Seed
- The Austin Group — Seed
- Wollemi Capital Group — Seed