About Fibe
Fibe is a Retail company based in London (United Kingdom) founded in 2022 by Idan Gal Shohet, Premal Gadhia, Hazel Gonda, and David Prior Hope. Potato harvest waste is transformed into sustainable textiles. It operates on a Direct-to-Consumer (D2C), Circular Economy, and AgriTech Models model in Retail, Environment, and Chemicals & Materials sectors. Fibe has raised $1.24 million across 2 funding rounds from investors including PDS Limited, UK Research and Innovation and First Imagine!. Its chief executive, as recorded, is Idan Gal Shohet. Fibe offers products and services including Sustainable Fibres. Its focus areas include Consumer Goods, Textiles and Sustainable Materials. Its legal entity is Fibe Limited.
Company details
Sustainable textile fibres are created from potato harvest waste by Fibe. Operations span agriculture, processing, and garment manufacturing sectors. Close collaboration with farmers is maintained to valorize waste and enhance profitability. Proprietary processes are used to extract durable, soft natural fibres with minimal environmental impact. Solutions are integrated into existing textile supply chains, enabling brands to produce natural textiles similar to cotton and linen. The focus remains on scalability, cost-effectiveness, and environmental responsibility.
- Total Equity Funding$1.24M (USD)
in 2 rounds
- InvestorsPDS Limited
& 4 more
Products & Services of Fibe
Fibe offers a comprehensive portfolio of products and services, including Sustainable Fibres.
Fibres from potato waste are produced for textiles.
Funding Insights of Fibe
Fibe has successfully raised a total of $1.24M across 2 strategic funding rounds. 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.
- Total Funding $1.24M
- Total Rounds 2
- First Round $1.24M
(Apr 2024)
- Investors Count 5
All 2 funding rounds of Fibe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $1.24M | Seed | – | Tin Shed Ventures | |
| Apr 2024 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in Fibe
Fibe has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include PDS Limited, UK Research and Innovation and First Imagine!.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital firm focused on energy transition investments. | firstimagine.com | London, United Kingdom | ||
| tinshedventures.com | ||||
Early-stage venture capital investments are made by Alante Capital. | alantecapital.com | Santa Barbara, United States | ||
Garments are manufactured on a contract basis by PDS. | 1999 | pdsltd.com | Mumbai, India | |
Research and innovation funding is managed for UK advancement. | 2018 | ukri.org | Swindon, United Kingdom |
Investor details for Fibe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fibe
4 people are tracked at Fibe (4 in leadership).
| Name | Role | Group |
|---|---|---|
Idan Gal Shohet | Co-Founder & CEO | Leadership |
Premal Gadhia | Co-Founder & CPO | Leadership |
Hazel Gonda | Co-Founder & CIO | Leadership |
David Prior Hope | Co-Founder & CTO | Leadership |
Complete people profiles for Fibe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fibe
2 dated milestones of Fibe across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fibe is founded.
- Funding First funding round of $1.2M.
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Frequently Asked Questions about Fibe
Fibe was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Fibe is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Idan Gal Shohet is the CEO of Fibe, as recorded in our data. They have also founded this company.
Fibe is a funded company, having raised a total of $1.24M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.24M, raised on Apr 2024.
Sustainable textile fibres are created from potato harvest waste by Fibe. Operations span agriculture, processing, and garment manufacturing sectors. Close collaboration with farmers is maintained to valorize waste and enhance profitability. Proprietary processes are used to extract durable, soft natural fibres with minimal environmental impact. Solutions are integrated into existing textile supply chains, enabling brands to produce natural textiles similar to cotton and linen. The focus remains on scalability, cost-effectiveness, and environmental responsibility.
Fibe offers Sustainable Fibres.
Fibe has 5 investors. Key investors include PDS Limited, UK Research and Innovation, First Imagine!, Tin Shed Ventures, and Alante Capital.
Fibe operates through Fibe Limited.