About Carbitex
Carbitex is a company based in Kennewick (United States) founded in 2012 by Junus Khan.. Carbitex has raised $23.34 million across 6 funding rounds from investors including Michael E Marks. Carbitex offers products and services including OmniFlex, MonoFlex, and GearFlex. Carbitex operates in a competitive market with competitors including Newlight Technologies, Orion Engineered Carbons, Mango Materials, Cerion Nanomaterials and Millennial Scientific, among others.
- Headquarter Kennewick, United States
- Founders Junus Khan
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Sectors
RetailTechnology Environment Chemicals & Materials
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.34 M (USD)
in 6 rounds
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Latest Funding Round
$3.35 M (USD), Series C
Oct 08, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Carbitex
Carbitex offers a comprehensive portfolio of products and services, including OmniFlex, MonoFlex, and GearFlex. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible textile that maximizes power transfer and control in products.
Provides stability on uneven terrain while allowing natural forefoot flexibility.
Adapts flexibility to optimize foot performance in various activities.
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Funding Insights of Carbitex
Carbitex has successfully raised a total of $23.34M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $3.35 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $3.3M
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First Round
First Round
(25 Mar 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Series C - Carbitex | Valuation | Michael E Marks |
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| Oct, 2022 | Amount | Series B - Carbitex | Valuation |
investors |
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| May, 2022 | Amount | Series B - Carbitex | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Carbitex
Carbitex has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Michael E Marks. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Michael E Marks |
Angel investor, ex-CEO of Flextronics, active in Indian startups
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Carbitex
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carbitex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carbitex Comparisons
Competitors of Carbitex
Carbitex 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 Newlight Technologies, Orion Engineered Carbons, Mango Materials, Cerion Nanomaterials and Millennial Scientific, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of sustainable material using methane-based greenhouse gases
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Producer and suppliers of carbon black
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Biodegradable plastics are produced from waste methane by Mango Materials.
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Custom metal, metal oxide, and ceramic nanomaterials are manufactured.
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Advanced materials for chromatography are manufactured by Millennial Scientific.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carbitex
Frequently Asked Questions about Carbitex
When was Carbitex founded?
Carbitex was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Carbitex located?
Carbitex is headquartered in Kennewick, United States. It is registered at Kennewick, Washington, United States.
Is Carbitex a funded company?
Carbitex is a funded company, having raised a total of $23.34M across 6 funding rounds to date. The company's 1st funding round was a Series B of $7.84M, raised on Mar 25, 2016.
What does Carbitex do?
Carbitex was established in 2012 in Kennewick, United States, as a provider of carbon-fibre enhanced materials targeted at the fashion sector. Advanced composites are designed and developed, incorporating properties such as strength, stretch resistance, power transfer, and flexibility. These materials are utilized in the production of footwear, sports equipment, and travel goods across relevant industries.
Who are the top competitors of Carbitex?
Carbitex's top competitors include Newlight Technologies, Mango Materials and Orion Engineered Carbons.
What products or services does Carbitex offer?
Carbitex offers OmniFlex, MonoFlex, and GearFlex.
Who are Carbitex's investors?
Carbitex has 1 investor. Key investors include Michael E Marks.
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