What is Fat Lama?
Fat Lama, now operating as Hygglo UK in some regions, is a prominent platform facilitating the lending and borrowing of a diverse array of items. The service enables users to rent rather than buy, covering categories from film and photography equipment to cleaning tools and electronics. Its mission centers on promoting a sharing economy, reducing waste, and offering cost-effective alternatives to ownership, supported by user verification for safety. The platform's availability across multiple countries indicates a broad international reach and appeal.
How much funding has Fat Lama raised?
Fat Lama has raised a total of $12.8M across 3 funding rounds:
Angel/Seed
$1.3M
Unspecified
$1.5M
Series A
$10M
Angel/Seed (2017): $1.3M, investors not publicly disclosed
Unspecified (2017): $1.5M led by Greylock Partners
Series A (2018): $10M supported by Blossom Capital
Key Investors in Fat Lama
Blossom Capital
Blossom Capital is a venture capital fund focused on early-stage investments in consumer and enterprise sectors, particularly in finance, design, marketplaces, and API-first companies across Europe.
Greylock Partners
83North (formerly Greylock Partners) is a global venture capital firm that invests in exceptional entrepreneurs at all stages, managing over $2.2 billion and supporting category-leading companies.
What's next for Fat Lama?
The recent major strategic investment signifies a pivotal moment for Fat Lama, likely enabling the company to scale its operations, enhance its technological infrastructure, and potentially expand into new geographic markets or service verticals. This capital infusion is expected to fuel growth initiatives and solidify its competitive position in the burgeoning rental economy.
See full Fat Lama company page
