◂ Announcements

Jun 17, 2022INVESTMENTArdoix, Ardèche, France

Yotta Capital invests €5M in technical textiles maker Chamatex

Yotta Capital invested €5 million in Chamatex, a French technical textiles manufacturer, through equity and convertible bonds to support production investments, including the ASF 4.0 plant in Ardoix and potential expansion in Vietnam.

Value

$5.30M (5.00M EUR)

Status

Announced

Capacity

double production capacity of ASF 4.0 factory; aim for 1 million pairs of shoes per year within 5 years

Productstechnical textilesMatryx fabricsport shoes

CompaniesChamatex Yotta Capital investor

Sectors#Industrial Textiles

“Pour poursuivre ses investissements, notamment dans l’outil de production, il renforce les fonds propres de son groupe à hauteur de 5 M€ en se tournant vers Yotta Capital.”capitalfinance.lesechos.fr

2 sources
capitalfinance.lesechos.frYotta Capital injecte 5 M€ dans Chamatex - Capital FinanceThomas LoeilletJun 17, 2022
techtera.orgChamatex opens its capital to Yotta Capital to accelerate its development - TechteraMcubeJul 27, 2022

Summarized from public sources; check the original articles before acting on it.

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