# Authentic Material

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/authentic-material

- Industry: Materials
- Headquarters: Toulouse, France
- Website: www.authentic-material.com
- Total disclosed funding: $2.6M
- Latest round: Series B (Jul 20, 2022)
- Investors on record: 3

## About

Authentic Material specializes in crafting exceptional, sustainable materials designed for high-end design and craftsmanship sectors, offering alternatives to fossil-based plastics while prioritizing eco-friendly solutions.Founded in 2016, Authentic Material operates from Toulouse, France, focusing on the development and manufacturing of innovative materials. The company has successfully completed four deals, with its most recent funding round being a Series B in July 2022, where it raised EUR 1.5 mn from investors including Chanel International, Bpifrance, and Cuir Invest. The founder, Dimitri Mazars, has a history of entrepreneurship, although details on prior ventures are not provided. Currently, Authentic Material has achieved a total amount raised of EUR 1.5 mn and holds a current valuation of EUR 6.714 mn.Authentic Material manufactures composite materials that integrate 100% natural powder and 50% recycled natural materials, offering sustainable alternatives to traditional fossil-based plastics. Their offerings are designed for high-end applications across various sectors, including fashion, automotive, and artisanal crafts. The company markets its products to a diverse client base, including designers and manufacturers, in both domestic and international markets, particularly in Europe and North America, where the demand for sustainable materials is rising.In the most recent year, Authentic Material reported revenue of EUR 329,758.40, with an EBITDA of EUR -61,264.30, reflecting the company's operations in the fashion and design sectors through B2B partnerships and direct sales.Following the Series B funding round in July 2022, where EUR 1.5 mn was raised, Authentic Material plans to expand its product offerings and enter new markets. Specific details on new products and their release dates have not been disclosed. The company is targeting expansion into key international markets, although specific regions have not been identified. The recent funding will support these growth initiatives, enhancing the company's capacity to cater to an evolving market focused on sustainability.

## Funding rounds

- Series B, Jul 20, 2022, $1.5M — Bpifrance, Chanel International, Cuir Invest
- Series A, Aug 23, 2019, $1.1M — Bpifrance, Cuir Invest

## Investors

- Bpifrance — Series A, Series B
- Cuir Invest (https://capitalatlas.ai/funds/cuir-invest) — Series A, Series B
- Chanel International — Series B