Full-Time
Posted on 7/29/2024
Develops advanced, durable smart textiles
No salary listed
Senior, Expert
Montreal, QC, Canada
Onsite position at 7471 av. léonard-de vinci, Montréal, QC.
SRTX Labs develops and manufactures advanced textiles that are durable and smart, primarily serving clients in the fashion, industrial, and tech sectors. The company utilizes proprietary knitting technology and an integrated Software-as-a-Service (SaaS) platform to create a connected knitting factory, where knitting, assembly, and dyeing processes occur in one location. This unique setup allows SRTX Labs to optimize manufacturing operations, enhancing efficiency and reducing waste, which positions them as a leader in sustainable textile production. Unlike traditional textile manufacturers, SRTX Labs operates through both direct-to-consumer and business-to-business channels, initially gaining traction by selling high-quality tights directly to consumers. Their goal is to meet the growing demand for high-performance and sustainable fabrics in the smart textiles market.
Company Size
51-200
Company Stage
Early VC
Total Funding
$25.1M
Headquarters
Montreal, Canada
Founded
2017
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SRTX founder’s comments on fundraising “losing her voice” worth revisiting with her impending departure
Montreal textiles manufacturing company SRTX has raised roughly US$40 million from key investors in a deal that would see founder Katherine Homuth step down as CEO, The Logic has learned, as the company works to stave off an insolvency that some expect could otherwise come as soon as next month.
Montreal-based SRTX has secured approximately $40 million from key investors in a deal that involves founder Katherine Homuth stepping down as CEO. This move is part of the company's efforts to avoid potential insolvency, which some anticipate could occur as early as next month.
SRTX founder explains how solving for one problem led to modernizing Western manufacturing
MONTREAL, Dec. 18, 2024 /PRNewswire/ - SRTX, a leader in material innovation and manufacturing, announced the launch of SRTX Origins, a first-of-its-kind incubator program designed to empower material startups with the tools and resources they need to succeed. SRTX Origins will provide groundbreaking startups with tailored support—including pre-paid purchase orders, manufacturing resources, or expert collaboration—based on their individual needs to reach the next stage of their growth and innovation