Nextiles Raises $5M in Seed Funding
Summary
Nextiles, a New York-based maker of smart fabric technology for athletes, raised $5M in Seed funding. Led by CEO Dr. George Sun, Nextiles is a materials science company merging flexible electronics with soft goods to create a data analytics platform that measures human performance. The company combines patented, fabric-based sewing technology with data insights to quantify raw forces, range of motion, micromovements, and more. Nextiles will also launch its suite of ground force products in early fall for select customers. This round brings total funding to over $6M, building on top of the company’s recent government grants.
Funding
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