Sustainable textile startup TômTex raises $4.15M to expand production of its eco-leather material made from shrimp shells and mushrooms, positioning itself as an animal and plastic-free alternative for the fashion industry.
Paving the Way for Eco-conscious Fashion
New York – TômTex, a startup making sustainable textiles from shrimp shells and mushrooms, has closed a $4.15 million seed round.
Happiness Capital led the funding with participation from Earth Venture Capital, SOSV, Parley for the Oceans, and MIH Capital.
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Sustainable Leather Innovations
Founded by Vietnamese entrepreneur Uyen Tran, TômTex aims to replace conventional leathers using waste from crab, lobster, and shrimp shells. The company uses a green chemical to create a durable, breathable textile material.
This presents an alternative to lab-grown leathers, which can be more costly and time-intensive to produce, according to TômTex.
The startup will use the fresh capital to expand its team in Brooklyn, fill essential roles, and boost in-house and contract manufacturing capabilities.
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Promoting Circular Economy
“More than scaling, it’s a strategic step to secure new contracts and revenue, strengthening our market position,” said CEO Uyen Tran.
With its innovative use of shellfish waste, TômTex offers a sustainable solution to replace animal and plastic-based leathers. The seed funding will help the startup increase production and drive adoption across fashion, accessories, and other sectors.