ALT TEX

ALT TEX is reimagining the uninventive and environmentally disastrous materials used inthe fashion industry for decades. As the demand for fashion continues to grow, textileproduction cannot continue to happen at the cost of the planet.

ALT TEX is a sustainable materials startup with a vision to solve the fashion industry’s large pollution problem. Founded by Myra Arshad, ALT TEX creates a sustainable polyester replacement fibre by fermenting food waste. The startup has raised $1.5 million in its Pre-seed round and is targeting the $104B polyester industry with hopes of paving the way for sustainable practices. Myra alongside her Co-founder, Avneet Ghotra, believes that this could be a $4 billion-$5 billion company within the next 10 years, and plans to launch their product in 2024.

ALT TEX was named one of the top 10 breakthrough innovations for sustainable fashion.

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Related Press:

ALT TEX closes $1.5 million pre-seed round to commercialize sustainable polyester alternative 

Women In Tech Series: Alt Tex 

How Canadian clothing entrepreneurs are disrupting 'fast fashion' 

Scraps of fabric: This Kitchener company is creating an alternative to polyester out of an unlikely source 

LinkedIn: https://www.linkedin.com/company/alt-tex/

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