What is Mission?
Mission has developed a unique portfolio of temperature technologies, centered around a lightweight, ultra-soft, and proprietary fabric engineered to provide cooling benefits for clothing. Based in New York, the company's innovative approach addresses the growing demand for performance wear that actively manages body temperature. Their patented fabric technology positions them as a key player in the specialized sector of smart textiles and advanced apparel solutions.
How much funding has Mission raised?
Mission has raised a total of $35M across 1 funding round:
Private Equity
$35M
Private Equity (2014): $35M with participation from VO2 Partners and Fremont Private Holdings
Key Investors in Mission
VO2 Partners
VO2 Partners is an investment firm focused on optimizing venture capital and private equity for institutional investors, offering services like liquidity optimization and reporting to enhance portfolio performance.
Fremont Private Holdings
Fremont Private Holdings is a private investment group that targets growing family and founder-owned businesses, providing capital for long-term growth and collaborating with management teams in North American markets.
What's next for Mission?
With a history of significant investment, including a substantial private equity round in 2014, Mission is well-positioned for continued growth and innovation. The recent enterprise-level funding, though undisclosed in amount, signals strong investor confidence and provides the necessary capital for scaling operations, further research and development, and market penetration. Future strategic initiatives will likely focus on expanding product lines, forging new partnerships, and solidifying their market leadership in cooling fabric technology.
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