
14/08/2025
Nibertex, a deep-tech manufacturer based in the Philippines, has successfully closed a US$7 million Series A funding round. Led by Southeast Asian venture capital firm TNB Aura, with participation from existing investors Asian Development Bank, Faircrest Holdings and Foxmont Capital Partners, the funding will enable Nibertex to scale up its production of PFAS-free waterproof and breathable textile membranes.
This development comes as global demand increases for sustainable alternatives to traditional materials containing PFAS, which are facing growing environmental and health concerns and subsequent regulatory bans.
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