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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

Venture Capital-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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