FundedIQ
Manufacturing

ALT TEX: Funding, Investors & Team (Sep 2026)

ALT TEX is revolutionizing the dull and ecologically harmful materials that have been utilized in the fashion sector for many years. With the increasing demand for fashion, it is no longer viable to produce textiles at the expense of the environment. At ALT TEX, we firmly believe that the remedy lies in utilizing existing materials creatively instead of fabricating new ones.

thealttex.com Brampton, Canada 1-10 employees
Textiles
Total raised
$210k
Rounds
1
Latest
Undisclosed round
Jun 2023

ALT TEX has raised $210k across 1 funding round on record, the most recent an undisclosed round of $210k announced in Jun 2023.

That round is below the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.

ALT TEX Company Profile and Key Stats

Total funding raised
$210k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$210k in Jun 2023
Employees
1-10
reported band
Headquarters
Brampton, Canada

Latest funding round on record: Jun 2023.

ALT TEX Funding Rounds

Date
Round
Amount
Undisclosed round
$210k

ALT TEX Founders and Leadership Team

Name
Role
Contact
Myra Arshad
Founder
Locked

Contact details for the ALT TEX team: 1 of 1 has an email address on file.

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ALT TEX Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
3,081
$2.2M

ALT TEX's latest round of $210k is below the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like ALT TEX in Manufacturing and Brampton

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ALT TEX Funding FAQs

What does ALT TEX do?

ALT TEX is revolutionizing the dull and ecologically harmful materials that have been utilized in the fashion sector for many years. With the increasing demand for fashion, it is no longer viable to produce textiles at the expense of the environment. At ALT TEX, we firmly believe that the remedy lies in utilizing existing materials creatively instead of fabricating new ones.

How much funding has ALT TEX raised?

ALT TEX has raised $210k across 1 round on record. The most recent is an undisclosed round of $210k announced in Jun 2023.

When did ALT TEX last raise funding?

ALT TEX's most recent funding round on record is an undisclosed round of $210k, announced in Jun 2023.

Who founded ALT TEX?

FundedIQ lists Myra Arshad (Founder) at ALT TEX.

Where is ALT TEX headquartered?

ALT TEX is based in Brampton, Ontario, Canada.

How many employees does ALT TEX have?

ALT TEX is in the 1-10 employee band.

How does ALT TEX's funding compare to other Manufacturing startups?

ALT TEX's latest round of $210k is below the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's ALT TEX Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ALT TEX is left off this page rather than filled in.

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