How much funding has FabricAID raised?

FabricAID has raised $1.6M in total funding, most recently a Seed round.

Who are FabricAID's investors?

FabricAID's investors include Wamda Capital.

Where is FabricAID headquartered?

FabricAID is headquartered in Beirut, Lebanon.

What industry is FabricAID in?

FabricAID operates in E-Commerce.

FabricAID

Beirut, Lebanon · Founded 2017 · $1.6M raised

E-Commerce

Headquarters: Beirut
Employees: 11–50
Founded: 2017
Business Model: B2C

Website: fabricaid.me
Total Funding: $1.6M
Last Round: $1.6M SeedJan 2022
Rounds: 1

About

FabricAID is a Lebanese social enterprise founded in 2017 that builds a socially and environmentally conscious value chain for the apparel industry. The company collects, sorts, and redistributes donated secondhand clothing at micro-affordable prices to underserved communities in Lebanon and Jordan, operating over 350 collection bins across both countries. FabricAID also runs production services that create ultra-low-cost clothing and upcycled merchandise through an ISO-certified tailoring facility, and operates the FabricED Tailoring School providing vocational training to marginalized youth. Its retail brands Souk el Khalanj and Second Base create diverse shopping experiences that drive both social impact and circular economy principles.

Summary

FabricAID is an E-Commerce company based in Beirut, Lebanon, founded in 2017. It has raised $1.6M in total across 1 round, most recently a $1.6M Seed round in Jan 2022. Investors include Wamda Capital.