Spintex presented successfully its innovative idea of a next generation textile at a prestigious pitching event in the Silicon Valley
date: 12/01/2021
SPINTEX, through the project SAM, is further exploiting the results of the FLIPT project, a Pathfinder Open project funded under European Innovation Council (EIC) Pilot.
SPINTEX is creating a new, scalable way of making silk artificially. These fibres, developed by this European spinout, can be used in sustainable fashion textiles, and also, due to their high-performance, in other markets for advanced technical textiles, as lightweight composites for aerospace and automotive industries, and biocompatible medical textiles.
Other characteristics of this material is that it is non- genetically modified, reducing costs and regulatory burdens, and non-toxic, reducing ecotoxicity and health hazards to people and ecosystems.
SPINTEX was founded in 2018, as a spinout from the University of Oxford, and since the beginning main objective has been to achieve the desired sustainable and low cost technical textiles.
Last June, as a recognition of their passion to improve the biotech domain, the company was one of the eleven new start-ups to join the IndieBio San Francisco Class 10.
Subsequently, it was among the 19 companies that participated to the pitching event organised on October 28th, 2020.
You can read more about SPINTEX investment opportunity, check out the pitching speech by the CEO and Co-founder Alex Greenhalgh or read their story here.
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