# Xefco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xefco-pty

- Industry: Materials
- Headquarters: Eveleigh, Australia
- Website: www.xefco.com/
- Total disclosed funding: $12M
- Latest round: Seed (Apr 30, 2024)
- Investors on record: 12

## About

Based in New South Wales, Australia, and founded in 2018, Xefco Pty Ltd develops textile and coating manufacturing solutions using materials science, with a focus on improved performance and environmentally friendly production. Tom Hussey (CEO) and Brian Conolly are the co-founders of the company. In December 2022, Xefco Pty Ltd raised AUD 1.93 million in seed funding from Bizcap Pty Limited, Charles Parsons, Investible, Pacific Channel, Voyagers, and Nightingale Partners, valuing the company at AUD 14.75 million post-money.

The company's product line includes Ausora™, which is a sustainable manufacturing solution that uses water-free dyeing and finishing to address environmental concerns in textile production. Ausora™ also uses plasma coating to create lasting and functional effects on fabrics. The firm's product enables brands and manufacturers to minimize their water footprint and environmental impact. 

Xefco also sells XReflex®, which is a radiation barrier textile manufactured in partnership with HeiQ Materials AG. These textiles use technology to reflect body heat, which improves the thermal efficiency of insulated apparel.

## Funding rounds

- Seed, Apr 30, 2024, $11M — Investible, Main Sequence Ventures, VOYAGERS, Virescent Ventures, Breakthrough Victoria
- Seed, Dec 5, 2022, $1.3M — Pacific Channel, Investible, Nightingale Partners, VOYAGERS, Charles Parsons, Bizcap AU Pty Ltd, Donwood Pty Ltd, Jacare Holdings Pty Ltd, Silver Crown Technology Limited

## Investors

- Pacific Channel (https://capitalatlas.ai/funds/pacific-channel) — Seed
- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Nightingale Partners (https://capitalatlas.ai/funds/nightingale-partners) — Seed
- VOYAGERS (https://capitalatlas.ai/funds/voyagers) — Seed
- Charles Parsons — Seed
- Bizcap AU Pty Ltd — Seed
- Donwood Pty Ltd — Seed
- Jacare Holdings Pty Ltd — Seed
- Silver Crown Technology Limited — Seed
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Seed
- Virescent Ventures (https://capitalatlas.ai/funds/virescent-ventures) — Seed
- Breakthrough Victoria — Seed