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Nextec Applications

Description

Manufacturer of fabrics for a range of markets, including outdoor gear, performance apparel, industrial applications and protective products. The company offers low absorbing fabrics for the U.S. military and applies multi-patented encapsulation technology to produce such high-performance fabrics.

1994

Founded

PRIVATE

Status

51-200

Employees

Series A1

Latest Deal Type

$1.5M

Latest Deal Amount

$68.5M

Total Amount Raised

Description

Manufacturer of fabrics for a range of markets, including outdoor gear, performance apparel, industrial applications and protective products. The company offers low absorbing fabrics for the U.S. military and applies multi-patented encapsulation technology to produce such high-performance fabrics.

Website:

www.nextec.com

Ownership Status

Privately Held (backing)

Financing Status

Private Equity-Backed

Primary Industry

Synthetic Textiles

Other Industries

Specialty Chemicals
Accessories

Primary Office

East Coast Office Greenwich, CT United States +1 (203) 422-0590
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    Nextec Applications Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Nextec Applications Investors (9)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Axiom Venture PartnersVenture CapitalMinority000 0000000 0000
    Economic Development Bank Capital InvestmentOtherMinority000 0000000 0000
    Endeavors GroupOtherMinority000 0000000 0000
    Fabric PartnersMinority000 0000000 0000
    GE Pension PlanLimited PartnerMinority000 0000000 0000
    Axiom Venture Partners Venture Capital
    Economic Development Bank Capital Investment Other
    Endeavors Group Other
    Fabric Partners
    GE Pension Plan Limited Partner

    Nextec Applications Executive Team (1)

    NameTitleBoard
    Seat
    Contact
    Info
    Peter SantoroChief Executive Officer & Chairman
    Peter Santoro Chief Executive Officer & Chairman

    Nextec Applications Board Members (3)

    NameRepresentingRoleSinceContact
    Info
    Michael CudahySelfBoard Member000 0000
    Peter SantoroNextec ApplicationsChief Executive Officer & Chairman000 0000
    Shahan SoghikianSelfBoard Member000 0000
    Michael Cudahy Board Member Self
    Peter Santoro Chief Executive Officer & Chairman Nextec Applications
    Shahan Soghikian Board Member Self
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