Faircraft (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- November 21, 2024
- Vertical
- Sustainability
- Funding URL
- View Funding Page
- Funding Amount:
- $16,000,000
Company Info
- Traction
- Faircraft is already working with major luxury brands and has seen growing demand for its product.
- Company Description
- Faircraft is a Paris-based lab-grown leather manufacturer that produces genuine leather derived from animal skin cells, replicating traditional leather structures and composition. The company aims to provide a sustainable alternative to traditional leather production, which has significant environmental costs.
- Market
- Luxury Fashion
- Location
- Paris, France
- Coinvestors
- Kindred Ventures, Heirloom, Cap Horn, BPI, Alliance for Impact, Sake Bosch, Entrepreneur First