TomTex

Brooklyn, United States Founded: 2020 • Age: 6 yrs
Biodegradable textiles are developed from seafood shells and mushroom waste.
Annual revenue - Latest available
Total funding $4.2M 3 rounds
Employees 1 Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Retail
    Environment Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.2 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.25 M (USD), Seed

    Nov 17, 2023

  • Investors
    MIH Ventures

    & 11 more

  • 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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for TomTex

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  • Investor domains
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Investments & Acquisitions by TomTex

Investments
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Investment portfolio details for TomTex

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Financial Statements - TomTex

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Detailed financials for TomTex

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Tomtex Comparisons

TomTex Primary company
Description
Biodegradable textiles are developed from seafood shells and...
Location
Brooklyn, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2021
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Peer comparison for TomTex

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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
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Mycelium-based leather alternative fabrics are manufactured and provided.
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Bio-based materials from mycelium are manufactured as sustainable leather alternatives.
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Bio-fabricated leather products and accessories are provided online.
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Provider of plant based fur
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Biomaterials are developed for fashion, home goods, and automotive uses.
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Lab-grown leather alternatives are developed using cell biology techniques.
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Detailed competitors of TomTex

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Latest news on Tomtex

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Complete news archive for TomTex

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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.

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.

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