How Much Did Solbari Raise?
Funding & Key Investors

Solbari, a company focused on sun protection, has secured $10M in total funding, with its most recent financing round bringing in $10M. This major strategic investment underscores the company's significant traction in delivering Australian UPF50+ protection to a global customer base across more than 45 countries.

What is Solbari?

Solbari
RetailApparel & Accessories Retail

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:

2023

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.

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Frequently Asked Questions Regarding Solbari Financial Insights

What are the most recent funding rounds that Solbari has completed, and what were the funding rounds?
Solbari has recently completed 1 funding rounds: Other Financing Round on Dec 22, 2023.
What is the total amount of funding Solbari has raised to date?
Solbari has raised a total of $10M in funding to date.
How many funding rounds has Solbari completed?
Solbari has completed 1 funding rounds.
How much funding did Solbari raise in its most recent funding round?
Solbari raised $10M in its most recent funding round.
Who are the lead investors in Solbari's latest funding round?
The lead investor in Solbari's latest funding round was Australian Business Growth Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Solbari's history?
The largest funding round in Solbari's history was $10M.
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