France
FAUME is a circular fashion and second-hand technology solution company, based in France, founded in 2019. The startup just secured a €5.00M Seed Round investment on 09 November 2022, with funding from Bpifrance and Daphni. The company's slogan, "Circular fashion I 2nd hand I Everything a brand needs to launch & scale its resale business I Made by the RE-generation" reflects its commitment to sustainability and innovation in the fashion industry.
FAUME's mission is to empower fashion and luxury brands with the technology and logistics for profitable, sustainable secondhand programs. They aim to pioneer circular commerce and become the go-to resale technology partner for fashion brands seeking to unlock profitable secondhand markets.
The company provides a comprehensive resale solution designed to create exceptional secondhand shopping experiences for both sellers and buyers. By significantly decarbonizing revenue streams and aligning operations with sustainability goals, FAUME helps brands unlock new market opportunities in the secondhand sector.
With a strong focus on E-Commerce, FAUME is poised to make a significant impact on the fashion industry by driving sustainable practices and profitable resale opportunities for brands. The recent investment is expected to fuel the company's growth and further solidify its position as a leader in circular fashion technology.
