About Lenzing
Lenzing is a company based in Lenzing (Austria) founded in 1939. Lenzing has completed 1 acquisition, including TreeToTextile. Lenzing offers products and services including TENCEL™, LENZING™, ECOVERO™, and VEOCEL™. Lenzing operates in a competitive market with competitors including MycoWorks, Renewcell, Modern Meadow, Genomatica and Spiber, among others.
- Headquarter Lenzing, Austria
- Stage Public
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Sectors
RetailChemicals & 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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- Legal Name Lenzing Aktiengesellschaft
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Annual Revenue
$153.2 M (USD)60as on Dec 31, 2023
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Net Profit
-$110.07 M (USD)-97as on Dec 31, 2023
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EBITDA
-$63.96 M (USD)-81as on Dec 31, 2023
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Latest Funding Round
$247 M (USD), Post-IPO
Jun 13, 2024
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Investors
Suzano
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Lenzing
Lenzing offers a comprehensive portfolio of products and services, including TENCEL™, LENZING™, ECOVERO™, and VEOCEL™.
Versatile fibers for textiles, offering softness and strength in various applications.
Specialty fibers for industrial uses, focusing on environmental sustainability.
Viscose fibers with low environmental impact for responsible production.
Fibers for personal care and medical applications, emphasizing biodegradability.
People of Lenzing
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Funding Insights of Lenzing
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $247.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Post-IPO - Lenzing | Valuation |
investors |
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| Dec, 2023 | Amount | Grant - Lenzing | Valuation |
investors |
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| Aug, 2023 | Amount | Grant - Lenzing | Valuation |
investors |
Investors in Lenzing
Lenzing has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Suzano, European Union and Austria Wirtschaftsservice.
| Investor | Description | Founded Year | Domain | Location |
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Pulp and paper products are manufactured by Suzano worldwide.
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Founded Year | Domain | Location | |
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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A digital platform for public administration services in Czech Republic.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lenzing
Lenzing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TreeToTextile.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Renewable cellulose fibers are developed from pulp for textile applications.
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2014 |
Financial Statements - Lenzing
Lenzing Comparisons
Competitors of Lenzing
Lenzing 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 MycoWorks, Renewcell, Modern Meadow, Genomatica and Spiber, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Bio-based materials from mycelium are manufactured as sustainable leather alternatives.
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| domain | founded_year | HQ Location |
Biodegradable fibres are produced from recycled cellulosic materials.
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| domain | founded_year | HQ Location |
Bio-fabricated leather products and accessories are provided online.
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| domain | founded_year | HQ Location |
Plant-based nylon materials and renewable chemicals are manufactured from feedstocks.
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| domain | founded_year | HQ Location |
Sustainable fabric materials are developed via microbial fermentation processes.
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Frequently Asked Questions about Lenzing
Lenzing was founded in 1939 and raised its 1st funding round 75 years after it was founded.
Lenzing is headquartered in Lenzing, Austria. It is registered at Lenzing, Upper Austria, Austria.
Stefan Doboczky is the current CEO of Lenzing.
Annual revenue of Lenzing is $153.2M as on Dec 31, 2023.
Lenzing was founded in 1939 in Lenzing, Austria, and operates in the sustainable textiles sector. Cellulose fibers derived from renewable raw materials are produced, including lyocell and modal variants, along with flame-retardant options. These fibers are supplied for use in fashion, home textiles, sports and outdoor apparel, protective clothing, cosmetics, and hygiene products. The companys platform supports global applications in these areas.
Lenzing's top competitors include MycoWorks, Newlight Technologies and Modern Meadow.
Lenzing offers TENCEL™, LENZING™, ECOVERO™, and VEOCEL™.
Lenzing has made 1 acquisition, including TreeToTextile.
Lenzing has 4 investors. Key investors include Suzano, European Union, Austria Wirtschaftsservice, and Portál veřejné správy.