
Fabric Aid
A social enterprise dedicated to creating an ethical and sustainable apparel industry value chain.
Date | Investors | Amount | Round |
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- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | $300k Valuation: $8.0m | Seed | |
Total Funding | 000k |
FabricAID, founded in 2017, is a social enterprise dedicated to creating a socially and environmentally conscious value chain for the apparel industry. The company operates primarily in the MENA region, including Lebanon, Jordan, and Egypt. FabricAID focuses on the collection, sorting, upcycling, and resale of second-hand clothes through a network of over 200 clothing collection bins and international partnerships. The business serves environmentally conscious consumers and those in need of affordable clothing options. FabricAID's business model revolves around collecting second-hand clothing, processing it for resale, and distributing it through socially conscious and sustainable brands. Revenue is generated through the sale of these upcycled clothes. The company also aims to reduce fabric waste in landfills and promote a circular economy by ensuring that first-hand imported clothes are recirculated within local markets.
Keywords: social enterprise, second-hand clothes, upcycling, sustainable brands, MENA region, fabric waste reduction, circular economy, clothing collection bins, environmentally conscious, affordable clothing.