Nibertex to scale production after pre-Series A funding round

This will allow Nibertex to meet the growing demand in the textiles market.

Deep-tech startup Nibertex has successfully closed its pre-Series A funding round with participation from Foxmont Capital Partners and ADB Ventures.

"The demand for sustainable, high-performance materials has never been higher, and this investment allows us to accelerate production and meet the growing needs of our clients across multiple industries," said Jaemin Park, co-founder of Nibertex.

The funding will be deployed to ramp up production capacity, enabling Nibertex to meet growing demand from the consumer textiles market whilst positioning itself for expansion into adjacent sectors such as protective textiles, automotive ventilation, healthcare, and personal protective equipment.

Additionally, the funds will also support Nibertex in scaling production lines at its second facility, expanding R&D efforts for professional textiles, and building capacity to meet future demand in emerging applications.

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