REFASHIOND Ventures announces New Rolling fund on AngelList
REFASHIOND Ventures, an NYC-based, early-stage supply chain technology venture firm that invests in startups refashioning global supply chains, announced the launch of a $10 million early stage Rolling Fund 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.
Brian Laung Aoaeh, Co-founder and GP, REFASHIOND Ventures: "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. 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. Through the Rolling Fund structure, AngelList has made it easier for emerging managers like REFASHIOND to launch, and for individuals who typically would not have access to venture funds. We will hold our first close on April 1. 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. We firmly believe the refashioning of global supply chains is the largest sector-driven investment opportunity of our lifetime."
Lisa Morales-Hellebo, Co-founder and GP, REFASHIOND Ventures: "We can't solve the climate crisis until we refashion global, man-made supply chains to reprioritize their impact on people, planet, and profits. 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."