YiLab Temperature Control Technologies, a nanotechnology, materials science, and sustainable energy company, has closed an oversubscribed pre-Series A funding round, bringing its total funding to over $10 million.
The round reportedly drew strong interest from strategic investors to scale the technology of LifeLabs Design, a brand owned by YiLab, which provides apparel brands with sustainable, high-performance fabrics for outdoor and active lifestyle applications, with a focus on temperature regulation.
The company, Co-founded by Professor Yi Cui at Stanford University, will use the proceeds from the round to establish a research lab and factory in Asia for prototyping and scaling LifeLabs’ proprietary textile technologies.
“This funding marks a pivotal step forward in our mission to transform textiles into powerful climate solutions,” said Sophia Ou, CEO and co-founder of YiLabs. “The enthusiasm from investors reinforces both the urgency of our work and the strength of our technology. With our new R&D lab and factory, we’re building a fast process from laboratory technology innovation to real-world impact.”
LifeLabs thermoregulating textiles are reported to “require fewer resources for production while delivering comfort and energy efficiency to the wearer.” The company reported that its “breakthrough fabric technology,” which originated at Stanford University a decade ago, has since been “proven in commercial space, and provides scalable solutions to lower global energy consumption and carbon emissions.”
The company reported in a media release that the pre-Series A round “attracted a diverse group of investors from the technology, sustainability and consumer sectors.
Image courtesy YiLab
