When was Lenzing founded?

Lenzing was founded in 1939 and raised its 1st funding round 75 years after it was founded.

Where is Lenzing located?

Lenzing is headquartered in Lenzing, Austria. It is registered at 3195/14, วิบูลย์ธานี ชั้น 9, พระราม 4, คลองตัน, เขตคลองเตย, กรุงเทพมหานคร.

How many employees does Lenzing have?

As of Aug 31, 2026, the latest employee count at Lenzing is 2481.

Is Lenzing a funded company?

Lenzing is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2014.

When was the latest funding round of Lenzing?

Lenzing's latest funding was a $***** Post IPO round on Jun 13, 2024, with participation from 1 investor.

What is the annual revenue of Lenzing?

Annual revenue of Lenzing is between $100M and $500M as on Dec 31, 2023

Where does Lenzing rank among its competitors?

Lenzing ranks 2nd amongst 130 active competitors, of which 42 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Canvaloop, which secured $1.47M in Feb, 2026.

Who are the top competitors of Lenzing?

Lenzing's top competitors include Genomatica, Rubi and Spiber. Among them, Canvaloop secured the most recent funding round in February, 2026.

Lenzing - 2026 Company Profile, Team, Funding, Competitors & Financials

Lenzing is a public company based in Lenzing (Austria), founded in 1939. It operates as a Developer of wood-based sustainable fabrics. Lenzing has raised an undisclosed amount in funding. The company has 130 active competitors, including 42 funded and 9 that have exited. Its top competitors include companies like Genomatica, Rubi and Spiber.

Company Details

Developer of wood-based sustainable fabrics. The platform provides its users with a platform that offers cellulose and renewable raw material-derived fibers, flame retardant fibers, lyocell, and modal fibers. Its applications are in fashion, home textiles, sports and outdoor wear, protection wear, cosmetics, and hygiene products.

Website: www.lenzing.com
Social
Email ID: *****@lenzing.com
Phone Number: +43 **********
Registered Address: 3195/14, วิบูลย์ธานี ชั้น 9, พระราม 4, คลองตัน, เขตคลองเตย, กรุงเทพมหานคร

Key Metrics

Founded Year

1939

Location

Lenzing, Austria

Stage

Public

Latest Funding Round

Post IPO, Jun 13, 2024, $*****

Investors

Suzano & 4 more

Ranked

2^nd among 130 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2023

Employee Count

2,481 as on Aug 31, 2026

Investment & Acquisitions

TreeToTextile & 3 more

Similar Companies

Syntetica & 165 more

Exit Details

Public

View Lenzing's full profile

Lenzing is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
LESCHACO (THAILAND) LTD. CIN: 0105542055418 , Thailand, Active	Jul 30, 1999	$100M - $500M (As on Dec 31, 2023)	-
LENZING MODI FIBERS INDIA PRIVATE LIMITED CIN: U51311MH2008PTC184986 , India, Active	Jul 23, 2008	0 - ₹10 Cr (As on Mar 31, 2025)	-
LENZING FIBERS INDIA PRIVATE LIMITED CIN: U74999TZ2019FTC032934 , India, Active	Nov 05, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

Lenzing got listed on Jan 07, 2000.

Click here to take a look at Lenzing's IPO in detail

Lenzing has raised funding over 9 rounds. Its first funding round was on Jan 01, 2014. Its latest funding round was a Post IPO round on Jun 13, 2024 for $*****. 1 investor participated in its latest round. Lenzing has 5 institutional investors.

Here is the list of recent funding rounds of Lenzing:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 13, 2024	8969704	Post IPO	9168433	3087630	4778149	6355528
Dec 04, 2023	6360645	Grant (prize money)	4055642	6206649	4663616	Austria Wirtschaftsservice
Aug 07, 2023	1397888	Grant (prize money)	8099382	8849805	6515973	Austria Wirtschaftsservice

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Lenzing's employee count trend

Lenzing has 2,481 employees as of Aug 26. Here is Lenzing's employee count trend over the years:

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Top competitors of Lenzing include Genomatica, Rubi and Spiber. Here is the list of Top 10 competitors of Lenzing, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Genomatica 1998, San Diego (United States), Acquired	Manufacturer of plant-based nylon materials and renewable chemicals	$388M	Novo Holdings, Casdin Capital & 18 others	66/100
2nd	Lenzing 1939, Lenzing (Austria), Public	Developer of wood-based sustainable fabrics	-	Suzano, Austria Wirtschaftsservice & 3 others	64/100
3rd	Rubi 2020, San Francisco (United States), Series A	Manufacturer of biobased textiles made from captured carbon emissions	$25.8M	Talis Capital, H 1 Investments & 26 others	62/100
4th	Spiber 2007, Tsuruoka (Japan), Series E	Provider of sustainable fabric materials	$489M	Shinsei Bank, The Carlyle Group & 8 others	58/100
5th	Carbitex 2012, Kennewick (United States), Series C	Provider of carbon-fibre induced materials for the fashion industry	$28M	Lucas Venture Group, Paxion & 4 others	56/100
6th	Canvaloop 2020, Surat (India), Series A	Online platform offering sustainable fabrics and materials from agricultural waste	$2.18M	Theia Ventures, Social Alpha & 15 others	56/100
7th	Recoverfiber 1947, Madrid (Spain), Series D	Manufacturer of recycled cotton fiber and fiber blends for textiles	$100M	Goldman Sachs Asset Management, STORY3 Capital Partners ... & 1 others	55/100
8th	Polartec 1906, Andover (United States), Acquired	Manufacturer of performance fabrics for base layers, insulation, and weather protection	-	Breakaway, Versa Capital	54/100
9th	Arda Biomaterials 2022, London (United Kingdom), Series A	Developer of biomaterials	$6.9M	Oyster Bay, Clean Growth Fund & 21 others	47/100
10th	HeiQ 2005, Schlieren (Switzerland), Public	Developer of textile technologies, coatings, polymers, and probiotic-enhanced goods	-	Credit Suisse Entrepreneur Capital, Mamie Capital ... & 2 others	47/100

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Lenzing has made 3 investments in companies including TreeToTextile and TreeToTextile. Lenzing has also acquired 1 companies including TreeToTextile.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 02, 2026	Acquisition	TreeToTextile	2014	Stockholm (Sweden)
Feb 26, 2025	Investments	TreeToTextile	2014	Stockholm (Sweden)
Oct 09, 2024	Investments	TreeToTextile	2014	Stockholm (Sweden)