# 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.

- Type: Investment
- Announced: 2022-06-17
- Where: Ardoix, Ardèche, France
- 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
- Products: technical textiles, Matryx fabric, sport shoes
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Chamatex](https://endata.com/companies/63553.md)
- [Yotta Capital](https://endata.com/companies/63554.md) (investor)

## Sources

- [capitalfinance.lesechos.fr](https://capitalfinance.lesechos.fr/deals/capital-developpement/yotta-capital-injecte-5-m-dans-chamatex-1414174), 2022-06-17: "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."
- [techtera.org](https://www.techtera.org/en/news/chamatex-opens-its-capital-to-yotta-capital-to-accelerate-its-development/), 2022-07-27: "The capital increase of €5 million will allow the manager to double the production capacity of the ASF 4.0 factory."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.