WEFABRIK
Latest round
- Seed
Last raised
- Dec 2016
Total raised
- $0.2M
Investors
- 2
About WEFABRIK
Based in Japan, WEFABRIK Inc.WEFABRIK Inc. was founded in 2015 and is headquartered in Osaka, Japan. The company operates primarily through its SMASELL platform, which promotes sustainable fashion and reduces waste in the industry., Mobile Internet Capital, and Shizuoka Capital.WEFABRIK, Inc. operates the SMASELL platform, a sustainable online outlet mall offering fashion products from various brands at discounts of up to 98%. It serves as a co-creation matching platform that reduces fashion waste by connecting companies with environmentally conscious consumers.Revenue for WEFABRIK, Inc. is generated through direct-to-consumer sales on the SMASELL platform. The platform operates on a B2C model where consumers purchase discounted fashion items directly. Revenue is bolstered by partnerships with brands like yoshiokubo, which collaborate on upcycling projects.In November 2022, WEFABRIK Inc. The company plans to launch new products and enhance its platform offerings while expanding into additional markets across Asia. Specific timelines for these expansions have not been detailed, but the focus remains on promoting sustainability and reducing fashion waste.
Who invested in WEFABRIK
2 investors across 1 round
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Funding rounds
Seed
Dec 7, 2016
Amount
$0.2M
Investors
Questions about WEFABRIK
Who invested in WEFABRIK?
WEFABRIK 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 WEFABRIK raised?
WEFABRIK has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did WEFABRIK last raise money?
WEFABRIK's most recent round on record is a Seed, in Dec 2016.
What does WEFABRIK do?
WEFABRIK is a retail company.
Where is WEFABRIK headquartered?
WEFABRIK is headquartered in Osaka, Japan.
Which VCs invest in companies like WEFABRIK?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back retail companies at WEFABRIK's stage. Their profiles are linked below.
VCs backing retail startups at Seed
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