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Transaction

Rubi - Series Seed (Mar 2023)

Terms

Announced
1 Mar 2023
Instrument
Equity
Amount
US$8.70m
Source
prweb.com

Parties

Project developer
Rubi
Recipient type
Technology company
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Talis CapitalLead investorUS$1.74mEstimated: an even share, 1 of 5
Tin Shed VenturesInvestorUS$1.74mEstimated: an even share, 1 of 5
H&M GroupInvestorUS$1.74mEstimated: an even share, 1 of 5
Collaborative FundInvestorUS$1.74mEstimated: an even share, 1 of 5
Necessary VenturesInvestorUS$1.74mEstimated: an even share, 1 of 5

Carbon

Pathway
Other

What happened

Rubi announced 'a fresh $8.7 million in Series Seed funding led by Talis Capital', alongside Tin Shed Ventures, H&M Group, Collaborative Fund and Necessary Ventures, together with pilot partnerships with fashion brands.

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