Sustainable Ventures invests in Owni through Sustainable Accelerator 5
Sustainable Ventures has backed Owni in the first investment from its Sustainable Accelerator 5.
Owni provides software that allows fashion brands and retailers to manage resale, repair, and recycling services alongside a peer to peer resale platform.
Sustainable Ventures has made its first investment from its Sustainable Accelerator 5 into Owni, a fashion technology company formerly known as Shwap. The company provides a B2B SaaS platform that enables fashion brands to automate product listings and manage resale, repair, and recycling services.
The capital will be directed towards expanding software development and marketing teams. Additionally, the funds will support the integration of new features for the peer to peer platform and enhance functionalities for retail partners.
Use of funds
- 01Grow the team
- 02Continue product development
- 03Invest in sales and marketing