OROS Labs

OROS Labs is a materials technology company based in Portland, Oregon, founded in 2015 by Rithvik Venna and Michael Markesbery, who serves as the CEO.

The company specializes in advanced thermal insulation solutions, particularly through its proprietary Solarcore® technology, which utilizes aerogel to create lightweight and highly efficient insulation. This innovation allows OROS Labs to provide superior thermal management for various applications, including apparel, aerospace, and cold chain logistics. The company has successfully raised over $36.8 million in funding, including a $22 million Series B round led by Airbus Ventures in 2024. OROS Labs employs between 25 and 100 people and generates annual revenue estimated between $5 million and $25 million. Its diverse product offerings include high-performance cold-weather clothing under the OROS Apparel brand, as well as custom thermal solutions for government, commercial, and industrial sectors. OROS Labs aims to expand its market presence and continue advancing sustainable thermal technologies.