What is Solbari?
Solbari specializes in providing comprehensive sun protection solutions, offering products with Australian UPF50+ certification. The company has established a strong international presence, having served customers in over 45 countries. This focus on high-standard sun safety positions Solbari as a key player in the health and wellness sector, catering to a growing demand for effective UV protection.
How much funding has Solbari raised?
Solbari has raised a total of $10M across 1 funding round:
Other Financing Round
$10M
Other Financing Round (2023): $10M with participation from Australian Business Growth Fund
Key Investors in Solbari
Australian Business Growth Fund
The Australian Business Growth Fund (ABGF) is an investment fund dedicated to supporting small to medium-sized Australian businesses aiming for accelerated growth. ABGF acts as a minority investor and strategic partner, providing long-term growth capital to fund various business activities such as product launches, geographic expansion, and acquisitions.
What's next for Solbari?
The recent major strategic investment signals a new phase of growth for Solbari. This capital infusion is expected to fuel further expansion, potentially into new markets or product lines, and enhance its global distribution capabilities. The company's established track record and commitment to quality sun protection suggest a trajectory aimed at solidifying its leadership in the UPF apparel and accessories market.
See full Solbari company page