Sheertex raises $101M Series C led by Swedish retail giant H&M

April 27, 2022
1 min read

We are so thrilled to announce that our portfolio company, Sheertex, has successfully raised $101M in recent funding led by H&M.

We have been part of Sheertex's journey from its early days in Creative Destruction Lab.

Sheertex has spent the last few years perfecting the strongest sheer stretch knit in the world. The company’s technology can produce a high-strength and lightweight fabric out of ballistic-grade fibres for a broad range of applications in the fashion industry. The first problem Sheertex is solving is creating pantyhose that do not rip.

We are so proud to be an investor in this amazing company and couldn't be more thrilled for Katherine and the entire team!

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