The increasing application of fiber-reinforced polymer (FRP) composites necessitates the development of composite structures that exhibit high stiffness, high strength, and favorable failure behavior to endure complex loading scenarios and improve damage tolerance. Achieving these properties can be facilitated by integrating conventional FRPCs with metallic materials, which offer high ductility and superior energy absorption capabilities. However, there is a lack of effective solutions for the micro-level hybridization of high-performance filament yarns, metal filament yarns, and thermoplastic filament yarns. This study aims to investigate the hybridization of multi-material components at the micro-level using the air-texturing process. The focus is on investigating the morphological and the mechanical properties as well as the damage behavior in relation to the process parameters of the air-texturing process. The process-induced property changes were evaluated throughout the entire process, starting from the individual components, through the hybridization process, and up to the tape production. Tensile tests on multifilament yarns and tape revealed that the strength of the hybrid materials is significantly reduced due to the hybridization process inducing fiber damage. Morphological analyses using 3D scans and micrographs demonstrated that the degree of hybridization is enhanced due to the application of air pressure during the hybridization process. However, this phenomenon is also influenced by the flow movement of the PP matrix during the consolidation stage. The hybrid laminates exhibited a damage behavior that differs from the established behavior of layer-separated metal fiber hybrids, thereby supporting other failure and energy absorption mechanisms, such as fiber pull-out.