# Nano-Tex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nano-tex

- Industry: Materials
- Headquarters: Oakland, US
- Website: www.nanotex.com
- Total disclosed funding: $35M
- Latest round: Series A (Mar 7, 2005)
- Investors on record: 5

## About

Nano-Tex enhances fabric performance using advanced textile technology and nanotechnology, providing solutions for water repellency and moisture dispersion in a wide range of applications.Nano-Tex specializes in textile enhancement through innovative fabric treatments. Founded in Oakland, US, the company was acquired by Crypton Inc. in January 2014. The latest funding round was a Series A, where the company raised USD 35.00 mn with WL Ross & Co leading the investment; this was the total amount raised by Nano-Tex.Nanotex specializes in advanced textile technology, utilizing nanotechnology to enhance fabric performance through molecular-level modifications. The company's core offerings include solutions for water repellency, moisture dispersion, and overall fabric protection. By employing nano-scale "whiskers," Nanotex transforms the surface tension of fabrics, enabling them to resist liquids and spills effectively. Furthermore, their hydrophilic net architecture quickly disperses moisture, making fabrics comfortable to wear in various conditions. Targeting a diverse clientele, Nanotex partners with over 100 leading brands across the retail industry, spanning markets in North America, Europe, and Asia, producing textiles for applications ranging from apparel to home goods.Nanotex generates revenue primarily through B2B partnerships with retail brands that integrate its textile technologies into their product lines. These transactions typically occur through agreements where retail partners purchase treated fabrics, which are then used in their offerings, including clothing, home textiles, and automotive interiors. The partnership structure supports various pricing models, including volume-based pricing for bulk fabric purchases. Key products such as their water and stain-resistant treatments, as well as the trademarked Fresh Protect technology, are integral to their revenue generation. By aligning with reputable retailers, Nanotex ensures consistent demand for its innovative textile solutions in competitive markets.In response to market demands, Nano-Tex plans to launch several new products focused on enhancing fabric technology over the next year. The company aims to expand its reach into Asian markets specifically targeting Japan and South Korea by the end of 2024. The recent Series A funding of USD 35.00 mn will be utilized to support these product developments and market expansions.

## Funding rounds

- Series A, Mar 7, 2005, $35M — WL Ross & Co, Norwest Venture Partners, Firelake Capital Management, Masters Capital, Howard Hughes Medical Institute

## Investors

- WL Ross & Co (https://capitalatlas.ai/funds/wl-ross-co) — Series A
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A
- Firelake Capital Management (https://capitalatlas.ai/funds/firelake-capital-management) — Series A
- Masters Capital — Series A
- Howard Hughes Medical Institute — Series A