About Spintex
Spintex is a company based in Oxford (United Kingdom) founded in 2018 by Alex Greenhalgh, Martin Frydrych, and Fritz Vollrath. Spintex has raised $463.85 thousand across 7 funding rounds from investors including European Union, IndieBio and Panacea Stars. The company has 2 employees. Spintex offers products and services including Sustainable Silk Fibers and Spider-Inspired Spinning Technology. Spintex operates in a competitive market with competitors including Cocoon Biotech, among others.
- Headquarter Oxford, United Kingdom
- Employees 2
- Founders Alex Greenhalgh, Martin Frydrych, Fritz Vollrath
- Stage Minicorn
- SectorsChemicals & Materials
- Website spintex.co.uk
- Social LinkedIn X
- Legal Name Spintex Engineering Limited
- Date of Incorporation 09 Oct, 2018
- Jurisdiction OXFORD, ENGLAND
- Total Equity Funding$463.85K (USD)
in 7 rounds
- Latest Funding Round$337.04K (USD), Grant
Sep 2020
- InvestorsEuropean Union
& 2 more
- Employee Count2
Products & Services of Spintex
Spintex offers a comprehensive portfolio of products and services, including Sustainable Silk Fibers and Spider-Inspired Spinning Technology.
Energy-efficient fibers for fashion and technical uses
Innovative method for producing eco-friendly fibers
Funding Insights of Spintex
Spintex has successfully raised a total of $463.85K across 7 strategic funding rounds. The most recent funding activity was a Grant round of $337.04 thousand completed in September 2020. 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 $463,853
- Total Rounds 7
- Last Round Grant — $337,040
- First Round $114,097
(Jan 2019)
- Investors Count 3
All 7 funding rounds of Spintex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $337,040 | Grant | – | – | |
| Jun 2020 | $250,000 | Seed | – | IndieBio | – |
| Apr 2020 | $213,853 | Seed | $1.18M | – | – |
| Jan 2020 | $337,040 | Grant | – | – | |
| Sep 2019 | $37,223 | Grant | – | – | |
| Jun 2019 | $114,097 | Grant | – | – | |
| Jan 2019 | $114,097 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $1.18M | •••••••• |
Last known valuation $1.18M (Apr 2020). 3 investors in total: 3 institutional.
Investors in Spintex
Spintex has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, IndieBio and Panacea Stars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biotech startups are accelerated through IndieBio's focused programs. | – | indiebio.co | San Francisco, United States | |
Sector agnostic startup accelerator | – | panacea-stars.com | Oxford, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Spintex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Spintex
3 people are tracked at Spintex (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Alex Greenhalgh | Co-Founder & CEO | Leadership |
Martin Frydrych | Co-Founder | Leadership |
Fritz Vollrath | Co-Founder | Leadership |
Complete people profiles for Spintex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Spintex
4 dated milestones of Spintex across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Spintex is founded.
- Funding First funding round of $114K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Grant, of $337K.
Competitors of Spintex
Spintex 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 Cocoon Biotech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cocoonbiotech.com | 2013 | Boston, United States | $2.88M | 3 | Provider of a biocompatible silk protein for the treatment of osteoarthritis and other degenerative joint disorders |
Detailed competitors of Spintex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
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Latest news on Spintex
Complete news archive for Spintex
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Spintex
10 companies that operate in the same segment as Spintex (Battery & Advanced Material Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
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Mycelium-based leather alternative fabrics are manufactured and provided. | 2009 | Emeryville, California, United States | USD 219.4 M | USD 1.37 M | 22 | |
Bio-based materials from mycelium are manufactured as sustainable leather alternatives. | 2013 | Emeryville, California, United States | USD 225.3 M | – | – | |
Manufacturer of carbon fiber composites for multiple industrial applications | 2018 | Berkeley, California, United States | USD 233.13 M | – | – | |
Developr of bio-based products and natural compounds for biotechnological solutions | 1993 | Zwingenberg, Hesse, Germany | USD 5.38 M | – | – | |
Sustainable biodegradable materials are developed using mycelium technology. | 2007 | Albany, United States | USD 183.93 M | – | 106 | |
Technology is developed to convert carbon dioxide into raw materials. | 2011 | Macclesfield, Cheshire, United Kingdom | USD 43.19 M | – | – | |
Meta-optic materials are manufactured for applications in sensing and electronics. | 2016 | Weston, Florida, United States | USD 47.4 M | – | 26 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 |
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Frequently Asked Questions about Spintex
Spintex was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Spintex is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Alex Greenhalgh is the current CEO of Spintex. They have also founded this company.
Spintex is a funded company, having raised a total of $463.85K across 7 funding rounds to date. The company's 1st funding round was a Grant of $114.1K, raised on Jan 2019.
Spintex has 2 employees.
Sustainable textiles are developed by Spintex, founded in 2018 in Oxford, United Kingdom. Fiber spinning technology is utilized to manufacture fabrics from silk materials, applicable in both sustainable and technical textiles sectors. Partnerships have been established with entities such as the European Union, Panacea Stars, Fashion for Good, and Plug and Play to support operations.
Spintex's top competitors include Cocoon Biotech.
Spintex offers Sustainable Silk Fibers and Spider-Inspired Spinning Technology.
Spintex has 3 investors. Key investors include European Union, IndieBio, and Panacea Stars.
The valuation of Spintex is $1.18M as of Apr 2020.
Spintex operates through Spintex Engineering Limited.