About FairCraft
FairCraft is a company based in Paris (France) founded in 2021 by Cesar Valencia Gallardo and Haikel Balti. FairCraft has raised $20.44 million across 2 funding rounds from investors including Caphorn, Bpifrance and Entrepreneur First. FairCraft offers products and services including Lab-Grown Leather and Material Discovery Platform. FairCraft operates in a competitive market with competitors including MycoWorks and Fairbrics, among others.
- Headquarter Paris, France
- Founders Cesar Valencia Gallardo, Haikel Balti
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Sectors
RetailChemicals & Materials
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Phone
Locked
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Website
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Social
Locked
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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
$20.44 M (USD)
in 2 rounds
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Latest Funding Round
$15.84 M (USD), Series A
Nov 21, 2024
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Investors
Caphorn
& 7 more
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Employee Count
Not available
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Products & Services of FairCraft
FairCraft offers a comprehensive portfolio of products and services, including Lab-Grown Leather and Material Discovery Platform.
Real leather produced in a lab using cell biology for fashion use.
Platform for fine-tuning sustainable materials for brand collaborations.
People of FairCraft
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Funding Insights of FairCraft
FairCraft has successfully raised a total of $20.44M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.84 million completed in November 2024. 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 FairCraft
FairCraft has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Caphorn, Bpifrance and Entrepreneur First.
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Provider of a program turning individuals into funded technology company founders
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Tech & offline focused VC firm investing in seed & early stage companies in the UK & US
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Seed-stage investments in multiple sectors are made by Kindred Ventures.
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Investor details for FairCraft
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Investments & Acquisitions by FairCraft
Investment portfolio details for FairCraft
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Financial Statements - FairCraft
Detailed financials for FairCraft
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Faircraft Comparisons
Peer comparison for FairCraft
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Competitors of FairCraft
FairCraft 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 and Fairbrics, 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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Synthetic textiles and packaging are developed from recycled CO2 emissions.
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Detailed competitors of FairCraft
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Latest news on Faircraft
Complete news archive for FairCraft
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Frequently Asked Questions about FairCraft
FairCraft was founded in 2021 and raised its 1st funding round 1 year after it was founded.
FairCraft is headquartered in Paris, France.
Haikel Balti is the current CEO of FairCraft. They have also founded this company.
FairCraft is a funded company, having raised a total of $20.44M across 2 funding rounds to date.
FairCraft was founded in 2021 in Paris, France, focusing on the sustainable materials sector. Leather-like products are created through cell biology processes, offering similar tactile qualities and versatility to traditional leather but with reduced environmental effects. These materials are produced for applications in fashion and related industries. Customization options are provided to align with specific brand needs. Operations emphasize high-quality, eco-friendly alternatives to animal-derived leathers.
FairCraft offers Lab-Grown Leather and Material Discovery Platform.
FairCraft has 8 investors. Key investors include Caphorn, Bpifrance, Entrepreneur First, Blue Wire Capital, and Kindred Ventures.