# Carbitex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbitex

- Industry: Consumer Products
- Headquarters: Kennewick, US
- Website: www.carbitex.com/
- Total disclosed funding: $3.4M
- Latest round: Series B (Oct 8, 2024)
- Investors on record: 1

## About

Based in Washington, US, and founded in 2012, Carbitex, Inc. operates as a manufacturing company that produces composite materials and footwear products. In October 2024, Carbitex, Inc. raised approximately USD 3.3 million in venture funding led by its management, with participation from NewBound Venture Capital.

Carbitex specializes in modern supplies that improve the functionality of sporting shoes. Carbon fiber is used to make the primary products, GearFlex, MonoFlex, and OmniFlex, which are durable and adaptable textiles. These materials keep the shoes comfy while enhancing control and energy transfer. Advanced shoes like the Footjoy Tour Alpha 3X BOA Carbon golf shoe, Altra Mont Blanc Carbon running shoe, and Speedland GS trail running shoe utilize Carbitex technology. In North America, Europe, and multiple parts of Asia, athletes and outdoor enthusiasts favor the company's products.

The company plans to use the October 2024 funding to advance its growth plans and expand its global presence.

## Funding rounds

- Series B, Oct 8, 2024, $3.4M — NewBound Venture Capital

## Investors

- NewBound Venture Capital (https://capitalatlas.ai/funds/newbound-venture-capital) — Series B