PORTLAND, OR, OROS today announced $14.5 million in a Series A funding round led by Elizabeth Street Ventures and Enlightenment Capital.
Also participating in the financing are leading visionary and entrepreneur Thomas Tull, the Chairman of Snap Inc. Michael Lynton, and Brandon Shainfeld, among others. Equal parts materials technology company and performance apparel brand, OROS is using first-to-market insulation technology to transform advanced thermal materials into technical fabrics. The company's emerging technology will usher in a new era for the $13 billion outerwear industry.
OROS is a team of experimenters, visionaries, and craftspeople united by a shared vision of a future forged from relentless curiosity and innovation. The OROS founders bring a unique scientific perspective to the outerwear industry. As comfortable in a research lab as they are on the side of a mountain, they leverage emerging NASA technology to develop advanced thermal materials and high performance, low impact apparel that equips humans to experience our world unencumbered. For more information, visit www.orosapparel.com.
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