Fundz

Recovo Raises 1 Million Euros To Boost Circularity In The Fashion Industry

PRIVATESep 28, 2023

Amount Raised

€1 Million

Round Type

Seed

SpainE CommerceFashionRetail

Investors

Seed RocketDraper B1Telegraph Hill CapitalClub Impact AngelsBolsa SocialHearst LabZubi Capital

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

Works inside ChatGPT and Claude. Ask who to call at Recovo. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Recovo

Location

Spain

About

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. We help fashion companies close the loop of fashion waste and access materials for lower environmental impact collections. All supported by traceability data.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Recovo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Recovo's next move

See what Strategic adds

Recovo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.