masonQQJan 31, 2025

FARO's $6M funding to revolutionize African fashion: Affordable & sustainable ๐Ÿ’ธ

#FARO #SustainableFashion #Recommerce #AfricanStartups #HustleFund

https://masonq.com/2025/01/31/fundraising-%f0%9f%87%bf%f0%9f%87%a6-faro-secures-6-million-to-combat-textile-waste-in-africa/

masonQ

FARO, launched last year, has secured $6 million in funding. The company aims to make fashion affordable while addressing textile waste issues across Africa, promoting sustainability in the fashionโ€ฆ

masonQ
credistickDec 21, 2022
Love this analysis on Hustle Fund's data from Will Bricker:
โžก๏ธ https://hustlefund.notion.site/Pre-seed-Valuations-Dec-2022-c404ec6c42eb4eb690a28fd93c1ca4ef
Main point: pre-seed valuations followed a steady growth pattern through 2021, jumped a bit in H1 2021, then sunk back below the trend line in H2. More of a flattening than a downturn.
#Startups #StartupValuation #Fundraising #VC #VentureCapital #HustleFund
Pre-seed Valuations - Dec 2022

Overtime View

Hustle Fund on Notion