Kennewick, WA – According to filings with the U.S. Securities and Exchange Commission, Carbitex is raising $6,249,994.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ron Boninger played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Carbitex
Carbitex was born from the idea that pioneering advanced materials drives human ingenuity, where Future is Made. Backed by rigorous lab and field testing, Carbitexs uniquely flexible carbon fiber composites set the standard for athletic performance. Our three proprietary carbon fiber technology platforms have unique flexible capabilities that unlock a combination of benefits never before possible: CX6: Exceptionally Flexible Carbon Fiber Textile. Immediate Power Transfer + Movement Support + Textile-Feel. AFX: Asymmetrically Flexible Carbon Fiber Plates. Stability + Protection + Free Range Of Motion. DFX: Dynamically Flexible Carbon Fiber Plates. Power + Efficiency + Agility. Focused on performance footwear for athletes across the globe we work with some of the best companies in the world, like adidas, Scott, DC, Lake Cycling, Radar/Ronix.

To learn more about Carbitex, visit http://www.carbitex.com/

Contact:
Ron Boninger, Chief Executive Officer
509-591-9775
ron.boninger@carbitex.com
https://www.linkedin.com/in/ron-boninger-b04337121/

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