Latest round

Series B

Last raised

Oct 2019

Total raised

$1.6M

Investors

2

About tricot

Based in Japan, tricot Inc., headquartered in Tokyo, Japan, is engaged in producing advanced textiles.000 mn from POLA ORBIS HOLDINGS INC. and XTech Ventures. After a significant transaction in February 2021, POLA ORBIS HOLDINGS INC.Tricot Inc. specializes in delivering innovative textile solutions, focusing primarily on advanced tricot fabric technology. Their core product offerings encompass a range of functional textiles designed for various applications, including activewear, medical textiles, and industrial uses. The company aims to solve specific challenges within these sectors, such as moisture management in sportswear, comfort and breathability in medical applications, and durability in industrial environments. Tricot's fabrics are engineered to enhance performance and user experience, catering to a diverse clientele that includes sportswear manufacturers, healthcare providers, and industrial businesses.Tricot Inc. operates on a B2B transaction structure, primarily engaging with manufacturers and distributors who require high-quality fabrics for their products. Revenue is generated through direct sales agreements and long-term partnerships, allowing clients to access consistent supply for their production needs. The company offers tiered pricing based on order volume and product specifications, fostering relationships with various segments of the market. Notable products such as their flagship moisture-wicking fabrics are priced competitively to meet the demands of both large-scale manufacturers and niche producers.Tricot Inc. The company is actively designing new products that focus on advanced moisture management technologies, set to launch within the next year. Tricot aims to expand its presence in the Asian markets, specifically targeting regions such as South Korea and Southeast Asia by the end of 2023.

Who invested in tricot

2 investors across 2 rounds

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Funding rounds

  1. Series B

    Oct 23, 2019

    Amount

    $1.4M

    Investors

    Locked

  2. Seed

    Apr 9, 2019

    Amount

    $0.3M

    Investors

    Locked

Questions about tricot

Who invested in tricot?

tricot has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has tricot raised?

tricot has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did tricot last raise money?

tricot's most recent round on record is a Series B, in Oct 2019.

What does tricot do?

tricot is a consumer products company.

Where is tricot headquartered?

tricot is headquartered in Tokyo, Japan.

Which VCs invest in companies like tricot?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at tricot's stage. Their profiles are linked below.

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