Aligned poly(L-lactide) (PLLA)/poly(epsilon-caprolactone) (PCL)/functionalized multiwalled carbon nanotube (F-MWNT) composite fibrous membranes were fabricated by electrospinning. Their morphology, mechanical properties, in vitro degradation and biocompatibility were studied. With a collector rotation speed of 3000 rpm, the electrospun fibers are highly aligned and the F-MWNTs are oriented along the fiber axis, reinforcing the electrospun fibrous membranes. When the F-MWNTs are incorporated, the PLLA/PCL/F-MWNT composite fibers become thinner due to the increased electrical conductivity. However, when the F-MWNTs are increased to 3.75 wt.%, the higher viscosity and aggregation of F-MWNTs have lead to the formation of beads and a wider diameter distribution in the electrospun fibers. Also, the electrospun fibers having smaller diameter, larger porosity and lower crystallinity induced by F-MWNTs have improved the bio-degradation of the PLLA/PCL/F-MWNT fibrous membranes, which have no toxic effects on the proliferation of adipose-derived stem cells. (C) 2011 Elsevier Ltd. All rights reserved.