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BlockTexx

company

About

BlockTexx is a clean technology company that recovers polyester and cellulose from textiles and clothing.

  • 1 - 10

Highlights

Total Funding Amount
$800K
Funding Rounds
1
Investors
1

Details

Last Funding Type
Seed
Last Funding Money Raised
$800K
Industries
Fashion,Manufacturing,Plastics and Rubber Manufacturing,Recycling,Textiles
Founded date
Mar 28, 2018
Number Of Employee
1 - 10
Operating Status
Active

BlockTexx is an early stage clean technology company that recovers polyester and cellulose from textiles and clothing.

Through an Australian developed patent pending process that combines chemical recovery technology and advanced manufacturing to produce high quality recycled materials of rPET pellets and cellulose powder from textile waste.

BlockTexx is positioned at the end of the value chain, where raw materials and end-of-use solutions have the highest environmental impact and revenue potential.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$800K
BlockTexx has raised a total of $800K in funding over 2 rounds. Their latest funding was raised on Apr 1, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 1, 2019 Seed $800K 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
1
BlockTexx is funded by 1 investors. Artesian Clean Energy Seed Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Artesian Clean Energy Seed Fund — Seed
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