How Much Did Fabric Aid Usa Raise?
Funding & Key Investors

Fabric Aid Usa has secured $1.6M in a major strategic investment, contributing to its total funding of $1.6M. This significant capital infusion underscores the company's pivotal role in advancing sustainable fashion and circular economy principles.

What is Fabric Aid Usa?

Fabric Aid Usa
RetailApparel & Accessories Retail

Fabric Aid Usa is revolutionizing the fashion industry by making it sustainable, accessible, and impactful. The company operates through multiple avenues, including offering retail brands like Souk el Khalanj and Second Base, and providing production services for ultra-low-cost clothing and upcycled merchandise. A key component of their mission is FabricED, a vocational training school that equips individuals with structured learning and hands-on internship opportunities. This holistic approach addresses fabric waste reduction, fosters job creation, and supports vulnerable communities through a robust circular economy model.

How much funding has Fabric Aid Usa raised?

Fabric Aid Usa has raised a total of $1.6M across 1 funding round:

2022

Angel/Seed

$1.6M

Angel/Seed (2022): $1.6M with participation from alfanar Group and Wamda

Key Investors in Fabric Aid Usa

alfanar Group

alfanar Group, established in 1976 and based in Saudi Arabia, is a prominent manufacturer of electrical construction products, offering specialized engineering and design services.

Wamda

Wamda is a platform dedicated to accelerating entrepreneurship in the MENA region, operating Wamda Capital to invest in high-growth technology startups and providing essential ecosystem support.

What's next for Fabric Aid Usa?

With this major enterprise-level funding, Fabric Aid Usa is poised for significant expansion. The strategic investment will likely fuel the scaling of its operations, enhance its vocational training programs, and broaden its reach in promoting sustainable fashion practices. The company's focus on reducing textile waste and creating employment opportunities positions it for continued growth and positive social impact within the circular economy framework.

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Frequently Asked Questions Regarding Fabric Aid Usa Financial Insights

What are the most recent funding rounds that Fabric Aid Usa has completed, and what were the funding rounds?
Fabric Aid Usa has recently completed 1 funding rounds: Angel/Seed on Jan 11, 2022.
What is the total amount of funding Fabric Aid Usa has raised to date?
Fabric Aid Usa has raised a total of $1.6M in funding to date.
How many funding rounds has Fabric Aid Usa completed?
Fabric Aid Usa has completed 1 funding rounds.
How much funding did Fabric Aid Usa raise in its most recent funding round?
Fabric Aid Usa raised $1.6M in its most recent funding round.
Who are the lead investors in Fabric Aid Usa's latest funding round?
The lead investor in Fabric Aid Usa's latest funding round was alfanar Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fabric Aid Usa's history?
The largest funding round in Fabric Aid Usa's history was $1.6M.
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