Nibertex, a deep-tech manufacturer specializing in sustainable textile materials, has secured $7 million in Series A funding to expand production of its PFAS-free waterproof and breathable membranes.
The round was led by Southeast Asian venture capital firm TNB Aura, with participation from existing backers including the Asian Development Bank, Faircrest Holding, and Foxmont Capital Partners. TNB Aura said this marks its first major investment in the Philippines.
PFAS (per- and polyfluoroalkyl substances) are synthetic chemicals commonly used in products like rain jackets, activewear, medical gowns, food packaging, and non-stick cookware to provide water and stain resistance. However, these substances are now under global scrutiny due to their persistence in the environment and links to serious health concerns.聽
With bans accelerating across the United States, European Union, and Asia-Pacific, there is growing urgency for manufacturers to find alternatives that do not compromise on performance.
Founded in 2019, Nibertex has developed a proprietary electrospinning process that allows large-scale production of membranes designed to replace PFAS chemicals. These membranes are ultra-soft, silent, stretchable, and engineered to disappear into the textile, making them ideal for use in performance apparel, healthcare, industrial, and consumer applications.
鈥淣ibertex is solving a pressing challenge for the global materials industry,鈥 said Vicknesh Pillay, co-founder and managing partner at TNB Aura. 鈥淭heir early commercial success, coupled with cost-effective manufacturing capabilities in the Philippines and a product that stands strong against global membrane players, we have high conviction. This marks TNB Aura鈥檚 first major investment in the Philippines, and we鈥檙e excited to partner with Nibertex to scale a solution with true global potential.鈥
With the fresh funding, Nibertex said it plans to expand its manufacturing capacity in the Philippines, accelerate research and development into applications beyond apparel, and deepen partnerships with global brands seeking alternatives to PFAS-based products.
鈥淭his funding milestone represents a pivotal moment for Nibertex as we scale our operations to meet the surging global demand for sustainable textile alternatives,鈥 said Jae H. Park, co-founder and chief operating officer of Nibertex. 鈥淥ur proprietary nanospinning technology gives us a competitive edge in delivering high-performance, environmentally responsible solutions that the industry desperately needs.鈥
Nibertex鈥檚 success reflects the broader shift toward sustainable manufacturing practices and regulatory compliance in the textile industry. As governments worldwide implement stricter PFAS regulations, companies like Nibertex that offer proven alternatives are becoming increasingly valuable to manufacturers seeking to future-proof their operations.
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