ALT TEX
YC S22Toronto, CA · Founded 2020 · 10 employees · 7 known investors
Develops alternative textile materials to replace polyester and reduce the fashion industry's plastic consumption and carbon emissions.
Advanced ManufacturingBiotechCircular EconomyClimate TechNew MaterialsCarbon Capture and RemovalBioplasticClimateFood TechCanadaAmerica / Canada
Founders & leadership· Y Combinator alumni (S22)
ALT TEX was founded in 2020 by Myra Arshad and Avneet Ghotra.
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Myra Arshadin𝕏Co-founder & CEOMyra Arshad comes from a family textile manufacturing background and has held sales and marketing roles at Fortune 500 companies. She previously founded FarmBox, an AI-enabled micro-farming platform, and fluidic, a direct-to-consumer lifestyle brand, before co-founding ALT TEX to develop sustainable materials for the fashion industry.30 Under 30 2025
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Avneet GhotrainCo-FounderShe has a background in biochemistry and environmental science, previously founded the non-profit Approaching Zero focused on reducing plastic pollution, and left medical school to pursue ALT TEX full-time.30 Under 30 2025
Investors · 7
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Frequently asked questions
- What does ALT TEX do?
- Develops alternative textile materials to replace polyester and reduce the fashion industry's plastic consumption and carbon emissions.
- Who founded ALT TEX?
- ALT TEX was founded by Myra Arshad, Avneet Ghotra in 2020.
- Who are ALT TEX's investors?
- ALT TEX's investors include Amplify Capital, Beresford Ventures, Garage Capital, Panache Ventures, Rebel Fund, Spacecadet Ventures, Y Combinator.
- Where is ALT TEX headquartered?
- ALT TEX is headquartered in Toronto, CA.