ADB Ventures
Assembly Line
Nibertex Raises Pre-Series A Funding to Scale Production Amid Surging Demand
Nibertex, a deep-tech startup, has raised pre-Series A funding from Foxmont Capital Partners and ADB Ventures to scale production of its PFAS-free electrospun polyurethane membranes. The funding will ramp up production capacity to meet growing demand from the consumer textiles market and position the company for expansion into adjacent sectors. Nibertex’s breakthrough in developing PFAS-free membranes delivers eco-conscious solutions to meet consumer and regulatory demands, with global brands seeking sustainable, high-performance materials amidst tightening regulatory restrictions on harmful chemicals like PFAS. The company’s technology has gained traction in high-value sectors such as firefighter fabrics and professional applications, with plans to push the boundaries of electrospinning technology for new applications in mattresses, automotive, and healthcare solutions. With the support of ADB Ventures and Foxmont Capital Partners, Nibertex aims to lead the charge in sustainable, high-performance nanofiber technology, setting its sights on a Series A round in 2025 to further build out production capacity.