# OROS Labs: Textiles, Portland, United States

> 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...

Source: https://millionrounds.com/startup/oros-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Textiles startup](https://millionrounds.com/companies)

# 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.

Funding reported Last round: Series B

Textiles Portland, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 25 11 to 50 people
- **Funding reported:** $22M in dollars
- **Last round:** Series B Apr 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for OROS Labs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About 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.

## What company datasets say OROS Labs raised

Funding, as reported

Reported in all **$22M** in dollars

Rounds **1**

Last round **Series B**

Last round date **Apr 2024**

Investors listed **9**

## The company, in detail

What they build

Known for

spacecraft insulation insulation consumers composite materials thermal insulation space technology application manufacturing extreme environment solutions space technology thermal management outerwear lightweight insulation defense technical apparel mechanical or industrial engineering scientific research

Built with from their website

Google Tag Manager WordPress.org Klaviyo Font Awesome Elementor CloudFlare Viewport Meta Altitude ARENA Hello Elementor Priority Hints

+8 more

Google Font API Microsoft Exchange MySQL PrimeNG Microsoft 365 Apps & Services Mobile Friendly Open Graph jQuery

- **Sector:** Textiles
- **Industry code:** NAICS 33991, 32799, 31499, SIC 3999
- **Region:** Oregon
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/oros-labs)

## Textiles in United States

Startups like it

- [**Circ** Danville · founded 2011](https://millionrounds.com/startup/circ)
- [**Solarcore** Portland · founded 2015](https://millionrounds.com/startup/solarcore)
- [**Vestex** Orlando · founded 2009](https://millionrounds.com/startup/vestex)
- [**Ambercycle** Los Angeles · founded 2015](https://millionrounds.com/startup/ambercycle)
- [**Davlyn Group** Spring City · founded 1980](https://millionrounds.com/startup/davlyn-group)
- [**Green Theme Technologies Inc.** Rio Rancho · founded 2018](https://millionrounds.com/startup/green-theme-technologies-inc)
- [**brrro** Atlanta · founded 2014](https://millionrounds.com/startup/brrr)
- [**Martex Fiber** Charlotte · founded 1970](https://millionrounds.com/startup/martex-fiber)

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