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FABRICAID ON THE FINALISATION OF ITS’ $1.6 MILION SEED MONEY

11 Jan 2022

FabricAID today announced the completion of its $1.6 million Seed fundraising round, which included Wamda and Alfanar as investors. Since its beginning, FabricAID has raised a total of $2.1 million, and sales in 2021 have increased by a factor of five, resulting in almost 70,000 beneficiary consumers serviced to far. FabricAID now employs nearly a hundred full-time people to successfully meet expanding demand.

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FabricAID secures $1.6 million Seed funding round