Fairbrics
Latest round
- Seed
Last raised
- Sep 2020
Total raised
- $1.1M
Investors
- 2
About Fairbrics
Based in France, and founded in 2019 by Benoît Illy (CEO), and Tawfiq Nasr Allah (CTO), Fairbrics operates as a material company that provides manufacturing of carbon-negative textile fiber. Fairbrics collects carbon dioxide from the air, activates it, and converts it to ethylene glycol, a component of polyester, which is then used to make clothes, allowing fashion brands and their customers to make the world greener for future generations while also getting the latest fashion. Furthermore, the company creates an obstructive proprietary technology platform that converts CO2 emissions into increased polyester fibers, providing environmentally friendly and economically sensible solutions to energy-intensive industries.
Who invested in Fairbrics
2 investors across 1 round
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Funding rounds
Seed
Sep 3, 2020
Amount
$1.1M
Investors
Questions about Fairbrics
Who invested in Fairbrics?
Fairbrics has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fairbrics raised?
Fairbrics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fairbrics last raise money?
Fairbrics's most recent round on record is a Seed, in Sep 2020.
What does Fairbrics do?
Based in France, and founded in 2019 by Benoît Illy (CEO), and Tawfiq Nasr Allah (CTO), Fairbrics operates as a material company that provides manufacturing of carbon-negative textile fiber.
Where is Fairbrics headquartered?
Fairbrics is headquartered in France.
Which VCs invest in companies like Fairbrics?
Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, Mirova and Anterra Capital back materials companies at Fairbrics's stage. Their profiles are linked below.
VCs backing materials startups at Seed
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