Amount Raised
€1 Million
Round Type
Seed
Investors
Description
Recovo, the comprehensive end-to-end circular solutions platform for the fashion industry, closes a €1 million financing round. The deal is led by Zubi Capital through its new impact and diversity Venture Capital fund, and HearstLab. They are joined by Bolsa Social and Club Impact Angels and existing investors who had already backed Recovo, including Telegraph Hill Capital (THCAP) who led the previous round, Draper B1 and Business Angels from Seed Rocket.
Quick answer
Recovo raised €1 Million in a Seed round, dated September 28, 2023. Investors: Seed Rocket, Draper B1, Telegraph Hill Capital, Club Impact Angels, Bolsa Social, Hearst Lab and Zubi Capital. Recovo is based in Spain.
- How much did Recovo raise?
- Recovo raised €1 Million in a Seed round on September 28, 2023.
- Who invested in Recovo?
- Seed Rocket, Draper B1, Telegraph Hill Capital, Club Impact Angels, Bolsa Social, Hearst Lab and Zubi Capital are named as investors in this round.
- What does Recovo do?
- Recovo is a textile SaaS platform powering circularity in fashion to turning waste into resource through connections From material reuse, material recycling to recyclable materials for circular design.
- Where is Recovo based and how big is it?
- Recovo is based in Spain.
- Who are the decision-makers at Recovo?
- Fundz holds 1 contact at Recovo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Recovo that raised within 45 days of this round, from Fundz verified event records.
- Vaaree raised $4M (Seed) on November 7, 2023.
- FounderSix raised $12M on October 25, 2023.
- Showroom B2B raised $6.5M (Funding Round) on October 19, 2023.
- JOOR raised $25M (Funding Round) on October 17, 2023.
- Zakeke raised an undisclosed amount on October 16, 2023.
- Revlon raised $51M on September 6, 2023.
Who to call at Recovo, and when
A new round usually means Recovo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Recovo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Recovo, from your own LinkedIn network
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Related People
Recovo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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