About TomTex
TomTex is a company based in Brooklyn (United States) founded in 2020 by Ross McBee, Uyen Tran, and Atom Nguyen. TomTex has raised $4.2 million across 3 funding rounds from investors including MIH Ventures, Parley for the Oceans and Happiness Capital. The company has 1 employees as of December 31, 2021. TomTex operates in a competitive market with competitors including Bolt Threads, MycoWorks, Modern Meadow, BioFluff and Arda Biomaterials, among others.
- Headquarter Brooklyn, United States
- Employees 1 as on 31 Dec, 2021
- Founders Ross McBee, Uyen Tran, Atom Nguyen
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Sectors
RetailEnvironment 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
$4.2 M (USD)
in 3 rounds
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Latest Funding Round
$2.25 M (USD), Seed
Nov 17, 2023
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Investors
MIH Ventures
& 11 more
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Employee Count
1
as on Dec 31, 2021
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Funding Insights of TomTex
TomTex has successfully raised a total of $4.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.25 million completed in November 2023. 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 3
- Last Round Seed — $2.2M
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First Round
First Round
(02 Oct 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Seed - TomTex | Valuation | Happiness Capital | |
| Apr, 2022 | Amount | Seed - TomTex | Valuation | SOSV | |
| Oct, 2021 | Amount | Seed - TomTex | Valuation | IndieBio |
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Investors in TomTex
TomTex has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include MIH Ventures, Parley for the Oceans and Happiness Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are targeted globally by this VC fund.
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Venture capital and accelerator services are provided across multiple sectors.
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Investments & Acquisitions by TomTex
Financial Statements - TomTex
Tomtex Comparisons
Competitors of TomTex
TomTex 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 Bolt Threads, MycoWorks, Modern Meadow, BioFluff and Arda Biomaterials, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mycelium-based leather alternative fabrics are manufactured and provided.
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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 |
Bio-fabricated leather products and accessories are provided online.
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| domain | founded_year | HQ Location |
Provider of plant based fur
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| domain | founded_year | HQ Location |
Biomaterials are developed for fashion, home goods, and automotive uses.
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| domain | founded_year | HQ Location |
Lab-grown leather alternatives are developed using cell biology techniques.
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Frequently Asked Questions about TomTex
TomTex was founded in 2020 and raised its 1st funding round 1 year after it was founded.
TomTex is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Uyen Tran is the current CEO of TomTex. They have also founded this company.
TomTex is a funded company, having raised a total of $4.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Oct 02, 2021.
As of Dec 31, 2021, the latest employee count at TomTex is 1.
TomTex was founded in 2020 and is based in Brooklyn, United States. Naturally biodegradable textiles are created by the company to replicate properties of conventional fabrics. Raw materials sourced from waste, including seafood shells and mushroom byproducts, are processed for use in the sustainable textiles sector. Operations center on material innovation within the environmental technology industry, targeting reduced waste in fabric production.
TomTex's top competitors include Bolt Threads, MycoWorks and Modern Meadow.
TomTex has 12 investors. Key investors include MIH Ventures, Parley for the Oceans, Happiness Capital, SOSV, and Earth Venture Capital.