What is Nest?
Nest is an organization dedicated to supporting and preserving traditional craft, particularly focusing on artisan communities. The company champions ethical production and provides resources for makers to achieve financial sustainability. Nest has developed industry tools for ethical compliance, enabling safe and sustainable production models outside of traditional factory settings. They offer sourcing support to brand partners committed to responsible engagement with the global handcraft community, making artisan-made products accessible through national retail partners. A notable initiative is the Nest Revolving Maker Fund, supported by the Tory Burch Foundation, which offers recoverable grants to woman-owned maker businesses for growth capital.
How much funding has Nest raised?
Nest has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Nest
PPP
Public-Private Partnership
Tory Burch Foundation
The Tory Burch Foundation is a philanthropic organization focused on empowering women entrepreneurs, aligning with Nest's mission to support woman-identifying owned maker businesses through growth capital.
Undisclosed investor
An undisclosed investor participating in the funding round, likely contributing strategic capital to further Nest's mission of supporting artisan communities and ethical production.
What's next for Nest?
With its recent strategic investment, Nest is poised to expand its reach and impact in supporting artisan economies. The company's focus on ethical compliance tools and sustainable production models aligns with the evolving landscape of global commerce, particularly in the post-Covid era which embraces home-based production. Future growth will likely involve scaling these initiatives, forging new partnerships with brands, and further empowering maker businesses through financial and operational support, thereby reinforcing the future of ethical and sustainable handcraft.
See full Nest company page
