About Fazla
Fazla is a company based in Istanbul (Turkey) founded in 2016 by Arda Eren and Olcay Silahli. Fazla has raised $9.48 million across 7 funding rounds from investors including European Union, ESOR Investments and 212. Fazla offers products and services including Fazla Market, Donation, Animal Feed, Recycling, and Smart Scale System. Fazla operates in a competitive market with competitors including Keenan Recycling, TomTex, Hydron Energy, Wild Hydrogen and FloVision Solutions, among others.
- Headquarter Istanbul, Turkey
- Founders Arda Eren, Olcay Silahli
- Stage Minicorn
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Sectors
ConsumerEnvironment
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Email
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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
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Total Equity Funding
$9.48 M (USD)
in 7 rounds
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Latest Funding Round
$6 M (USD), Seed
Jun 07, 2023
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Investors
European Union
& 10 more
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Employee Count
Not available
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Products & Services of Fazla
Fazla offers a comprehensive portfolio of products and services, including Fazla Market, Donation, Animal Feed, Recycling, and Smart Scale System.
Platform for selling surplus products to reduce waste
System for donating excess items to those in need
Converts surplus food into animal feed resources
Handles recycling of packaging and chemical waste
Technology for tracking and managing waste inventories
Offers business and consumer solutions for sustainability
Provides guidance on waste reduction strategies
People of Fazla
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Funding Insights of Fazla
Fazla has successfully raised a total of $9.48M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in June 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 Fazla
Fazla has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, ESOR Investments and 212.
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A venture capital firm focused on emerging technology investments.
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Startups at all stages are invested in by 212 VC.
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Venture capital and acceleration are provided to tech startups.
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Investor details for Fazla
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Investments & Acquisitions by Fazla
Investment portfolio details for Fazla
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Financial Statements - Fazla
Detailed financials for Fazla
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Fazla Comparisons
Peer comparison for Fazla
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Competitors of Fazla
Fazla 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 Keenan Recycling, TomTex, Hydron Energy, Wild Hydrogen and FloVision Solutions, among others.
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Organic recycling and food waste collection services are provided.
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Biodegradable textiles are developed from seafood shells and mushroom waste.
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Hydrogen is generated from biogas using proprietary adsorption technology.
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Hydrogen is generated from unprocessed biomass under pressure.
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AI solutions for food production optimization are provided.
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Detailed competitors of Fazla
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Latest news on Fazla
Complete news archive for Fazla
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Frequently Asked Questions about Fazla
Fazla was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Fazla is headquartered in Istanbul, Turkey.
Olcay Silahli is the current CEO of Fazla. They have also founded this company.
Fazla is a funded company, having raised a total of $9.48M across 7 funding rounds to date.
Provider of holistic waste management solutions for the circular economy. It offers technology-based services to reduce waste generation at its source and recycle surplus materials. Services are provided to various stakeholders across the supply chain, including manufacturers, retailers, distributors, the food and beverage industry, and consumers. Solutions encompass donation programs, animal feed production from waste, and recycling initiatives. A key component is a large-scale partner ecosystem that facilitates the efficient movement of surplus inventory to those who can utilize it, maximizing value recovery. The companys approach aligns with established waste management hierarchies, prioritizing reduction and reuse before recycling.
Fazla's top competitors include Keenan Recycling, FloVision Solutions and Hydron Energy.
Fazla offers Fazla Market, Donation, Animal Feed, Recycling, and 3 more products and services.
Fazla has 11 investors. Key investors include European Union, ESOR Investments, 212, 500 Global, and FoodLabs.
The valuation of Fazla is $43M as of Jun 2023.