Nibertex, a Singapore-based deep-tech manufacturing company, has successfully closed a $7 million Series A funding round led by TNB Aura, a Southeast Asian venture capital firm. Announced on 7 August at TNB Aura’s VC Socials event in the Philippines, the funding will enable Nibertex to expand its PFAS-free textile membrane production, addressing the global demand for sustainable alternatives.
PFAS (per- and polyfluoroalkyl substances) are widely used in products for their water and stain resistance but are under scrutiny due to environmental and health concerns. Nibertex’s proprietary electrospinning technology produces PFAS-free membranes that are waterproof, breathable, and environmentally responsible. Richard Beck, Chief Strategy Officer of Nibertex, highlighted the urgency of transitioning to PFAS-free materials, stating, “PFAS-free performance materials are no longer a ‘nice to have’ — they’re fast becoming a requirement.”
The funding will allow Nibertex to increase its manufacturing capacity in the Philippines, advance research and development for applications beyond apparel, and strengthen market reach through strategic partnerships. Vicknesh Pillay, Co-Founder and Managing Partner at TNB Aura, expressed confidence in Nibertex’s potential, noting their early commercial success and cost-effective manufacturing capabilities.
Founded in 2019, Nibertex aims to lead in sustainable materials as global regulations tighten on PFAS use. The company’s innovative approach positions it as a valuable partner for manufacturers seeking environmentally safe alternatives without compromising performance.
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