Oros Labs Raises $22 Million to Insulate Boots, Tents and More

Oros Labs pulled in $22 million in fresh funding in a deal led by Airbus Ventures, with participation from investors including Culper Ventures and Recreational Equipment Inc.’s Path Ahead Ventures. The company is selling a material it patented called Solarcore, used in a range of hiking boots and outdoor gear. Its customers include outfitters Merrell, L.L. Bean and Cabela’s as well as the US Defense Department.