Company Overview
Snapshot
Founded in July 2023 by Elinor Josef and Ophir Marom, Axiv Materials operates with 1–10 employees. The company has raised $850K across one funding round from one investor. In October 2024, Axiv Materials secured Pre-Seed funding from i4Valley.
Business overview
Axiv Materials develops 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 for applications in apparel, home textiles, and automotive interiors. Axiv Materials operates within the Industrial Technologies sector, focusing on material innovations and circularity.
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- What is Axiv Materials' core innovation?
- Axiv Materials is developing a new type of biodegradable fiber produced from protein waste, aiming to reduce pollution in the textile industry by offering a sustainable alternative to plastic-based textiles.
- When was Axiv Materials founded?
- Axiv Materials was founded in July 2023.
- Who are the founders of Axiv Materials?
- Axiv Materials was co-founded by Elinor Josef, who serves as CEO, and Ophir Marom, who serves as COO.
- What is the primary application of Axiv Materials' fibers?
- Axiv Materials' fibers are intended for a wide range of textile applications, including apparel, home textiles, and automotive interiors.
- What is Axiv Materials' approach to circularity?
- Axiv Materials' fibers can be recycled using the company's proprietary technology or will biodegrade if landfilled, promoting circularity and reducing environmental impact.