Nibertex raises $9.45m in Series A round led by TNB Aura

The investment marks TNB Aura’s first major deployment in the Philippines.

Singapore-based advanced materials company Nibertex has raised $9.45m (US$7m) in a Series A funding round led by Southeast Asian venture capital firm TNB Aura.

The round also saw participation from existing backers including the Asian Development Bank (ADB), Faircrest Holding, and Foxmont Capital Partners.

The investment marks TNB Aura’s first major deployment in the Philippines, where Nibertex plans to expand its manufacturing footprint.

The company said the funds will be used to scale production capacity, accelerate research and development for new membrane applications beyond apparel, and expand go-to-market efforts globally.

Nibertex's products are positioned as alternatives to membranes containing per- and polyfluoroalkyl substances (PFAS), which have come under increasing regulatory scrutiny in the United States, Europe, and parts of Asia due to their environmental persistence and potential health risks.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia