What is NOLD?
Founded in 2021 and headquartered in Peterborough, England, NOLD operates as a mobile application designed to revolutionize the fashion resale industry. It provides a peer-to-peer hub that actively engages both users and customers within the circular economy. NOLD's platform aims to offer the most seamless and intelligent solutions for reducing the environmental impact associated with fashion consumption, positioning itself as a key player in sustainable commerce.
How much funding has NOLD raised?
NOLD has raised a total of $1.1M across 1 funding round:
Angel/Seed
$1.1M
Angel/Seed (2023): $1.1M with participation from Sofia Angels Ventures, DEPO Ventures, and Tilia Impact Ventures
Key Investors in NOLD
Sofia Angels Ventures
Sofia Angels Ventures is a venture capital fund specializing in pre-seed and seed-stage technology startups, primarily in the Balkan region. They provide capital and expertise to scalable startups across various sectors, including AgriTech, MedTech, and Greentech.
DEPO Ventures
DEPO Ventures is a venture capital firm focused on early-stage technology startups that enhance critical infrastructure in Europe. They offer strategic capital and hands-on support, particularly in the inception and pre-seed stages, targeting industries like Defence, Space, FinTech, Industry 4.0, and Energy.
Tilia Impact Ventures
Tilia Impact Ventures is a Czech impact fund that invests in purpose-driven companies with high environmental or social impact potential across the CEE region. They provide mission-aligned capital and support to early-stage startups, focusing on sustainability and social innovation.
What's next for NOLD?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for NOLD. This capital infusion is expected to accelerate the company's expansion, enhance its technological infrastructure, and broaden its market reach within the circular economy. NOLD is poised to further solidify its innovative approach to fashion resale, driving engagement and sustainability through its unique peer-to-peer model.
See full NOLD company page
