ALT. Leather

Melbourne, Australia Founded: 2022 • Age: 4 yrs
Waste and regenerative plants are converted into sustainable textiles.
Annual revenue - Latest available
Total funding $718,000 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About ALT. Leather

ALT. Leather is a company based in Melbourne (Australia) founded in 2022 by Tina Funder. ALT. Leather has raised $718 thousand across 1 funding round from investors including Startmate, Wollemi Capital Group and Austin Group. ALT. Leather offers products and services including Alt. Leather. ALT. Leather operates in a competitive market with competitors including Canvaloop, Asia Pacific Rayon, Circular Systems, EnviroFlight and The Hurd Co, among others.

  • Headquarter Melbourne, Australia
  • Founders Tina Funder
  • Sectors
    Environment
    Chemicals & Materials
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $718 K (USD)

    in 1 rounds

  • Latest Funding Round
    $718 K (USD), Seed

    Jan 29, 2024

  • Investors
    Startmate

    & 3 more

  • Employee Count
    Not available
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Products & Services of ALT. Leather

ALT. Leather offers a comprehensive portfolio of products and services, including Alt. Leather.

Product name locked
Category locked
Primary

Plant-based alternative to traditional leather for eco-friendly applications

Funding Insights of ALT. Leather

ALT. Leather has successfully raised a total of $718K through 1 strategic funding round. The most recent funding activity was a Seed round of $718 thousand completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ALT. Leather

ALT. Leather has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Startmate, Wollemi Capital Group and Austin Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startmate is recognized as a leading startup accelerator in ANZ.
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Wollemi Capital Group is focused on impact-driven investments.
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LaunchVic is recognized as Victoria's startup agency, focused on ecosystem development.
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Investor details for ALT. Leather

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Investments & Acquisitions by ALT. Leather

Investments
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Investment portfolio details for ALT. Leather

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Financial Statements - ALT. Leather

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Detailed financials for ALT. Leather

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Alt. Leather Comparisons

ALT. Leather Primary company
Description
Waste and regenerative plants are converted into sustainable...
Location
Melbourne, Australia
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for ALT. Leather

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Competitors of ALT. Leather

ALT. Leather operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Canvaloop, Asia Pacific Rayon, Circular Systems, EnviroFlight and The Hurd Co, among others.

Company Name Domain Founded year HQ Location Description
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Online platform offering sustainable fabrics and materials from agricultural waste
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Biodegradable viscose-rayon is developed from renewable wood cellulose.
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Developer of circular and regenerative textile technologies
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Waste is converted into protein-rich agri feedstock using insects.
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Sustainable fabrics are developed from agricultural waste for apparel.
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Detailed competitors of ALT. Leather

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Latest news on Alt. Leather

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Complete news archive for ALT. Leather

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Frequently Asked Questions about ALT. Leather

ALT. Leather was founded in 2022 and raised its 1st funding round 2 years after it was founded.

ALT. Leather is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Tina Funder is the current CEO of ALT. Leather. They have also founded this company.

ALT. Leather is a funded company, having raised a total of $718K across 1 funding round to date.

ALT. Leather was founded in 2022 in Melbourne, Australia. Sustainable materials are developed by the company through the conversion of waste and regenerative plants into plant-based leather alternatives. Operations focus on the textile sector, where solutions for eco-friendly production are provided. The founder and CEO, Tina Funder, leads efforts in creating these alternatives for broader industrial applications.

ALT. Leather's top competitors include Asia Pacific Rayon, Canvaloop and EnviroFlight.

ALT. Leather offers Alt. Leather.

ALT. Leather has 4 investors. Key investors include Startmate, Wollemi Capital Group, Austin Group, and LaunchVic.

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