ALT TEX

ALT TEX is an innovative company located in Toronto, ON, Canada, operating within the Industrials sector with a focus on Climate. The company has pioneered the development of the world’s first biodegradable and carbon neutral fabric made from food waste. This groundbreaking fabric is designed to serve as a sustainable, high-performance, and economically viable alternative to polyester, enabling fashion brands to meet sustainability goals without needing to modify existing supply chains. Remarkably, the fabric is projected to cost half as much as other specialized sustainable alternatives. A single shirt produced with this fabric can prevent 1 kg of food waste from reaching landfills, reduce air carbon emissions by 9 kg, and decrease micro-plastics in waterways by 4 g. ALT TEX’s fabric prototype has also proven to be 70% stronger than cotton. The company, which is part of the Y-Combinator S22 batch, has secured $1M in Letters of Intent and raised $2.3M in funding. With a compact team of 10, ALT TEX is at an early stage of its business but shows significant potential through its innovative contributions to both the industrials and climate sectors.