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ALT TEX

ALT TEX

Private
TorontoEnergy & Sustainabilityhttps://thealttex.com/

Last Round

Grant

Jun 8, 2023

Total Funding Raised

$2.94M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

ALT TEX is a biomaterials company that develops biodegradable and carbon-neutral polyester alternatives from food waste.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Advanced Materials, Fashion & Beauty, Clean Manufacturing, Biotechnology

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

biodegradable textilebio-based polyestersustainable fashionbiomaterialscircular fashionfood waste recyclingfermentation technologybio-fiberpolymer resinmaterial scienceeco-friendly fabricsynthetic fiber alternativebiotechgreen chemistry

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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ALT TEX Comparables

Compare ALT TEX with similar companies based on industry and business-model similarity.

ALT TEX comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kintra Fibers
87%
Werewool
86%
Bioworks Corporation
83%

ALT TEX Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantJun 8, 2023
SeedSep 7, 2022
SeedAug 4, 2022
GrantDec 9, 2021
Pre SeedMay 19, 2021

Key People

Founding team and executive leadership

Myra Arshad

Co-founder CEO

Founding Team

ALT TEX Investors

Notable investors and investment history

ALT TEX investors
InvestorRounds
Sustainable Development Technology CanadaGrant
Panache VenturesSeed, Pre Seed
Amplify CapitalSeed, Pre Seed
PresstarPre Seed
Garage CapitalSeed, Pre Seed
H&M FoundationGrant
Spacecadet VenturesPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 20, 2026

    Grew 27% QoQ from 11 to 14 employees.

  • May 17, 2026

    Monthly visitors increased 123% MoM, reaching 1.3K.

ALT TEX Filings

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ALT TEX filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about ALT TEX's valuation, stock price, and market status.

Is ALT TEX a public or private company?

ALT TEX is a private company.

What is the current stock price of ALT TEX?

ALT TEX is a private company with no public stock price. No recent secondary market data is available.

How much is ALT TEX worth (valuation)?

Valuation information for ALT TEX is not publicly available.

Can I buy ALT TEX stock?

ALT TEX shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was ALT TEX's last funding round?

ALT TEX's most recent funding round was Grant on June 8, 2023.

Who are the main investors in ALT TEX?

Key investors in ALT TEX include Amplify Capital, Garage Capital, Y Combinator.

Will ALT TEX IPO soon?

No public IPO plans have been announced for ALT TEX.

How can I track ALT TEX secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor ALT TEX's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range15
Year Founded2020
Last FundingJun 8, 2023

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