PYRATEX

Madrid, Spain Founded: 2014 • Age: 12 yrs
Online platform specializing in sustainable and innovative fabrics made from natural fibers
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About PYRATEX

PYRATEX is a company based in Madrid (Spain) founded in 2014 by Regina Polanco.. PYRATEX offers products and services including Natural Performance Fabrics and Knitwear. PYRATEX operates in a competitive market with competitors including Genomatica, Spiber, Renewcell, Lenzing and Ambercycle, among others.

  • Headquarter Madrid, Spain
  • Founders Regina Polanco
  • Sectors
    Retail
    Chemicals & Materials
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $55.6 K (USD), Grant

    Oct 31, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of PYRATEX

PYRATEX offers a comprehensive portfolio of products and services, including Natural Performance Fabrics and Knitwear. 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.

Primary

Fabrics from natural and recycled fibers for enhanced performance apparel.

Knitwear made with biobased compositions for sustainability and functionality.

Funding Insights of PYRATEX

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $55,601
  • First Round

    (01 Jul 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Grant - PYRATEX Valuation

investors

Jul, 2019 Amount Grant - PYRATEX Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PYRATEX

PYRATEX has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PYRATEX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PYRATEX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pyratex Comparisons

Employees
+
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Competitors of PYRATEX

PYRATEX 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 Genomatica, Spiber, Renewcell, Lenzing and Ambercycle, 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
domain founded_year HQ Location
Plant-based nylon materials and renewable chemicals are manufactured from feedstocks.
domain founded_year HQ Location
Sustainable fabric materials are developed via microbial fermentation processes.
domain founded_year HQ Location
Biodegradable fibres are produced from recycled cellulosic materials.
domain founded_year HQ Location
Wood-based sustainable fabrics are developed and provided by Lenzing.
domain founded_year HQ Location
Tech-based solutions are provided for yarns from textile waste.
domain founded_year HQ Location
Provider of sustainable solutions for circular economy
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about PYRATEX

When was PYRATEX founded?

PYRATEX was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is PYRATEX located?

PYRATEX is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.

Who is the current CEO of PYRATEX?

Regina Polanco is the current CEO of PYRATEX. They have also founded this company.

What does PYRATEX do?

PYRATEX was founded in 2014 in Madrid, Spain, as an online platform in the sustainable textiles sector. Fabrics made from natural sources such as seaweed, vegetal fibers, and wood-based materials are provided. These materials are designed for functionality, including antioxidant properties that benefit skin contact. Operations focus on distribution to various markets via the digital interface.

Who are the top competitors of PYRATEX?

PYRATEX's top competitors include Lenzing, Genomatica and Ambercycle.

What products or services does PYRATEX offer?

PYRATEX offers Natural Performance Fabrics and Knitwear.

Who are PYRATEX's investors?

PYRATEX has 2 investors. Key investors include European Union, and EIC Fund.

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