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Myra Arshad

We're hiring! Co-founder & CEO at ALT TEX

Myra Arshad is the Co-founder and CEO of ALT TEX, a Toronto-based biomaterials startup that develops biodegradable and carbon-neutral fabrics engineered from food waste.15 She founded the company in 2020 with her co-founder Avneet Ghotra, aiming to create a sustainable alternative to polyester for the fashion industry.24

Prior to ALT TEX, Arshad held corporate roles in sales and marketing at Fortune 500 companies, including Procter & Gamble.1 She also founded Fluidic, a women's empowerment social enterprise, and FarmBox, an AI micro-farming technology for food sustainability in refugee camps.13

Under Arshad's leadership, ALT TEX has:

  1. Raised over $3 million in funding
  2. Been backed by startup accelerator Y Combinator
  3. Developed a patent-pending food-to-fabric technology
  4. Aimed to launch their product commercially by 2024

Arshad's motivation stems from her family background in textile manufacturing and her dedication to disrupting the unethical and unsustainable practices in the $2.5 trillion fashion industry.3 Her company ALT TEX has been recognized as one of the top 10 breakthrough innovations for sustainable fashion.4

Related Questions

What inspired Myra Arshad to start ALT TEX?
How does ALT TEX's fermentation technology work?
What are the main challenges Myra Arshad faces in the fashion industry?
How does ALT TEX's biodegradable fabric compare to traditional polyester?
What impact has ALT TEX had on the environment so far?
Myra Arshad
Myra Arshad, photo 1
Myra Arshad, photo 2
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Location

Canada