About Fairbrics
Fairbrics is a company based in Paris (France) founded in 2019 by Benoit Illy and Tawfiq Nasr Allah. Fairbrics has raised $8.18 million across 3 funding rounds from investors including EUROPA, Salida and Entrepreneur First. Fairbrics operates in a competitive market with competitors including MycoWorks, FairCraft and Losanje, among others.
- Headquarter Paris, France
- Founders Benoit Illy, Tawfiq Nasr Allah
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Sectors
RetailEnvironment Chemicals & Materials
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.18 M (USD)
in 3 rounds
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Latest Funding Round
$18.34 M (USD), Grant
Jan 17, 2023
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Investors
EUROPA
& 13 more
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Employee Count
Not available
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Funding Insights of Fairbrics
Fairbrics has successfully raised a total of $8.18M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $18.34 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fairbrics
Fairbrics has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include EUROPA, Salida and Entrepreneur First.
| Investor | Description | Founded Year | Domain | Location |
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Provider of a program turning individuals into funded technology company founders
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Early and mid-stage companies are invested in by SGH Capital.
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AP Ventures is focused on venture capital investments in decarbonisation.
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Investor details for Fairbrics
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Investments & Acquisitions by Fairbrics
Investment portfolio details for Fairbrics
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Financial Statements - Fairbrics
Detailed financials for Fairbrics
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Fairbrics Comparisons
Peer comparison for Fairbrics
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Competitors of Fairbrics
Fairbrics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MycoWorks, FairCraft and Losanje, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Bio-based materials from mycelium are manufactured as sustainable leather alternatives.
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Lab-grown leather alternatives are developed using cell biology techniques.
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Online platform offering second-hand apparel
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Detailed competitors of Fairbrics
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Latest news on Fairbrics
Complete news archive for Fairbrics
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Frequently Asked Questions about Fairbrics
Fairbrics was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Fairbrics is headquartered in Paris, France.
Benoit Illy is the current CEO of Fairbrics. They have also founded this company.
Fairbrics is a funded company, having raised a total of $8.18M across 3 funding rounds to date.
Fairbrics was founded in 2019 in Paris, France, focusing on the sustainable materials sector. Captured carbon dioxide is utilized to create synthetic textiles and packaging alternatives for the fashion and packaging industries, with applications extending to chemicals. Operations emphasize reduced fossil fuel dependency and lower environmental impact through efficient manufacturing processes that treat CO2 as a resource in a circular economy model.
Fairbrics has 14 investors. Key investors include EUROPA, Salida, Entrepreneur First, Stupendous, and SGH Capital.