# Kintra Fibers

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kintra-fibers

- Industry: Materials
- Headquarters: Brooklyn, US
- Website: www.kintrafibers.com
- Total disclosed funding: $7.9M
- Latest round: Series A (Dec 22, 2022)
- Investors on record: 7

## About

Based in Delaware, US, and founded by Billy McCall (CEO) and Alissa Baier-Lentz (COO) in 2018, Kintra Fibers, Inc. operates as a materials science company offering biodegradable yarns to its customers in the textile industry. In December 2022, the firm raised USD 7.9 million in series A funding led by investor H&M Group, with participation from other investors Bestseller’s Invest Fwd, Fab Ventures, Fashion for Good, New York Ventures, Tech Council Ventures, and Tre.ventures.

The company offers bio-based and biodegradable polyester to address microfiber pollution. The company’s yarns are featured with tenacity at par with PET (Polyethylene terephthalate), fabrics are 10 times softer than PET, have comfortable stretch, and have a 10 to 15% stretch recovery. Some of Kintra’s fabrics are Airjet textured and draw textured yarn for knitwear, fully drawn yarns for silky satin wovens, and twill and plain wovens.

The company plans to utilize its December 2022 funding to boost its resin and yarn production capacities and expand its business reach.

## Funding rounds

- Series A, Dec 22, 2022, $7.9M — Tech Council Ventures, New York Ventures, Bestseller, Fashion for Good, Fab Co-Creation Studio, H&M Group, Tre.ventures

## Investors

- Tech Council Ventures (https://capitalatlas.ai/funds/tech-council-ventures) — Series A
- New York Ventures (https://capitalatlas.ai/funds/new-york-ventures) — Series A
- Bestseller — Series A
- Fashion for Good — Series A
- Fab Co-Creation Studio (https://capitalatlas.ai/funds/fab-co-creation-studio) — Series A
- H&M Group — Series A
- Tre.ventures — Series A