REFASHIOND Ventures Announces New Rolling Fund on AngelList

Friday 05 March 2021 08:00
REFASHIOND Ventures, an NYC-based, early-stage supply chain technology venture firm that invests in startups refashioning global supply chains, today announced the launch of a $10 million early stage Rolling Fund(TM) on AngelList.

Co-founders and General Partners of REFASHIOND Ventures, Brian Laung Aoaeh, CFA and Lisa Morales-Hellebo, also created The Worldwide Supply Chain Federation, a global and fast-growing community of supply chain, innovation, and technology enthusiasts.

Mr. Aoaeh said "We believe that we are in the very early stages of a technology-driven refashioning of global supply chains. This belief has been strengthened as the world grapples with the climate crisis, while governments work to overcome the COVID19 pandemic." He added, "Entrepreneurs building innovations to solve critical problems in global, industrial supply chains tell us that investors whose knowledge and background spans supply chain, technology, innovation, and emergent startups are difficult to find."

"We can't solve the climate crisis until we refashion global, man-made supply chains to reprioritize their impact on people, planet, and profits," said Ms. Morales-Hellebo. "Since supply chains are being fully digitized for the first time in history, investment in their reinvention represents a massive catalyst for job creation, economic growth of the global middle class, and entirely new value streams that prioritize their impact on the planet as much as their profits," she added.

"We will hold our first close on April 1," said Mr. Aoaeh, adding "We are inviting individual accredited investors, family offices, corporations, and institutional investors throughout the world to join us in backing the people working towards creating a more sustainable future for our planet."

Media Inquiries:
Linda Rigano: 914.815.0396 or [email protected]

About REFASHIOND Ventures
REFASHIOND Ventures is an NYC-based, early-stage supply chain technology venture firm that is being built to invest in startups refashioning global supply chains. Information about REFASHIOND Ventures' inaugural fund is available here: https://www.refashiond.com/seed along with the firm's manifesto here: REFASHIOND Ventures - Our Manifesto. Potential investors can visit REFASHIOND Seed's page on AngelList can do so here: https://angel.co/v/back/refashiond-seed.

About AngelList
AngelList Venture is the leading platform for investing in world-changing startups. For fund managers, AngelList provides a single platform for raising, deploying, and managing venture funds. For investors, AngelList offers everything needed to invest in top-tier startups, all in one place. In 2020, 51% of all top-tier U.S. VC deals were funded on AngelList Venture.

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Source:  PRNewswire/InfoQuest