# Yulex

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

- Industry: Materials
- Headquarters: Maricopa, US
- Website: www.yulex.com
- Total disclosed funding: $8M
- Latest round: Series C (Oct 10, 2005)
- Investors on record: 1

## About

Yulex is a company specializing in high-performance natural rubber materials, particularly for products like wetsuits, emphasizing sustainability and eco-friendly practices in their manufacturing processes.Founded in 1997 by Jeff Martin in Maricopa, US, Yulex focuses on producing natural rubber materials for various industries. The company was acquired by Ansell Limited in November 2011, indicating a strategic pivot in its business operations. As of its latest funding round in 2011, Yulex has raised a total of USD 15.00 mn, led by Argonaut Private Equity.Yulex specializes in the production of high-performance natural rubber materials designed to serve various industries, particularly in the manufacturing of wetsuits and similar aquatic gear. The company's core offerings are made from PEFC and/or FSC-certified natural rubber, ensuring sustainability and deforestation-free sourcing. Yulex's products are engineered to deliver optimal performance both on land and in water, effectively serving the needs of outdoor enthusiasts and eco-conscious consumers. With a commitment to quality, Yulex products are positioned as superior alternatives to traditional materials like neoprene and geoprene, appealing to brands aiming to create environmentally responsible apparel. The company's clientele includes notable outdoor brands, such as Patagonia and Finisterre, with a market presence extending across North America, Europe, and Australia.Yulex generates revenue primarily through direct partnerships with brands in the outdoor and active lifestyle sectors, facilitating business-to-business transactions. Clients place bulk orders for Yulex's natural rubber materials, which are then transformed into end products such as wetsuits. The transaction structure typically involves long-term partnerships where brands commit to using Yulex materials in their product lines, establishing a steady revenue stream for the company. Pricing structures are tailored to the needs of each client, reflecting the volume of materials required and the specific applications intended. Yulex's flagship products, including the natural rubber used in wetsuits, are marketed for their superior performance and sustainability, aligning with the growing demand for eco-friendly alternatives in the apparel industry.Yulex's future growth strategy includes designing new products aimed at enhancing their market offerings, although specific launch dates have not been disclosed. The company plans to expand into new geographic regions to grow its market presence, focusing on North America, Europe, and Australia. Recent funding obtained in November 2011 will support these initiatives, particularly in enhancing production capabilities and product development.

## Funding rounds

- Series C, Oct 10, 2005, $8M — Argonaut Private Equity

## Investors

- Argonaut Private Equity (https://capitalatlas.ai/funds/argonaut-private-equity) — Series C