Axiv Materials

Company Overview

Snapshot

Founded in July 2023 by Elinor Josef and Ophir Marom, Axiv Materials operates with 1–10 employees. The company has raised $850,000 across one funding round from one investor. In October 2024, Axiv Materials secured pre-seed funding from i4Valley.

Business overview

Axiv Materials is developing biodegradable fibers from protein waste, addressing the environmental impact of the textile industry. The company's proprietary technology extracts high-quality proteins from waste streams, upcycling them into sustainable textile fibers suitable for apparel, home textiles, and automotive interiors. These fibers are designed to be recyclable through Axiv's technology or biodegrade naturally, promoting circularity within the Industrial Technologies sector, specifically in Material Innovations & Applications.

Company Intelligence Q&A

What is Axiv Materials' core innovation?

Axiv Materials develops biodegradable fibers by extracting high-quality proteins from waste streams and upcycling them into sustainable textile fibers. This technology aims to reduce plastic textile waste and promote circularity in the industry.

When was Axiv Materials founded?

Axiv Materials was founded in July 2023.

Who are the founders of Axiv Materials?

The company was co-founded by Elinor Josef, who serves as CEO, and Ophir Marom, who is the COO.

What is the primary application of Axiv Materials' fibers?

Axiv Materials' fibers can be used to produce textiles for various applications, including apparel, home textiles, and automotive interiors.

What was Axiv Materials' most recent funding event?

In October 2024, Axiv Materials secured pre-seed funding from i4Valley.