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FabricAID Closes it’s Seed Round at 1.6 Million USD

FabricAID Closes it’s Seed Round at 1.6 Million USD The startup has raised the largest seed round for a social enterprise in the region. Beirut, December 2021: Clothing has become one of the most consumed goods in our world with clothing consumption rates 400% higher today than they were just two decades ago. More than half of discarded clothing ends up in landfills where it piles up and eventually ends up being incinerated. In parallel, Read more…