How Much Did FabNewport Raise?
Funding & Key Investors

FabNewport has secured $115K in total capital, with its most recent funding round bringing in $115K through a major strategic investment. This significant backing underscores the organization's established presence and its trajectory in the community development sector.

What is FabNewport?

FabNewport
EducationTrainingOrganizations

FabNewport operates as an equitable and inclusive community makerspace, dedicated to co-creating programming, mentorship, and career development opportunities for children and families within Newport County. The organization's core mission revolves around empowering youth through initiatives focused on STEAM (Science, Technology, Engineering, Arts, Mathematics), robust community engagement, and clear career pathways. By fostering an inclusive ecosystem of learning, FabNewport connects young individuals with valuable resources and experiences, actively seeking community support to sustain its transformative programs.

How much funding has FabNewport raised?

FabNewport has raised a total of $115K across 1 funding round:

2021

Debt

$115K

Debt (2021): $115K with participation from PPP

What's next for FabNewport?

With substantial late-stage funding, FabNewport is well-positioned for significant expansion and enhanced program delivery. The recent strategic investment signals confidence from backers in the organization's model for youth empowerment and community development. Future initiatives will likely focus on scaling existing STEAM and career pathway programs, deepening partnerships with its extensive network of over 40 collaborators, and potentially broadening its reach within Newport County. This capital infusion is expected to solidify FabNewport's role as a vital resource for educational and professional growth for the region's youth.

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Frequently Asked Questions Regarding FabNewport Financial Insights

What are the most recent funding rounds that FabNewport has completed, and what were the funding rounds?
FabNewport has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding FabNewport has raised to date?
FabNewport has raised a total of $115K in funding to date.
How many funding rounds has FabNewport completed?
FabNewport has completed 1 funding rounds.
How much funding did FabNewport raise in its most recent funding round?
FabNewport raised $115K in its most recent funding round.
Who are the lead investors in FabNewport's latest funding round?
The lead investor in FabNewport's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in FabNewport's history?
The largest funding round in FabNewport's history was $115K.
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