Berlin-Based Faircado Raises €3M to Boost AI-Powered Resale Shopping Browser Extension

May 29, 2024, 07:55 AM

Berlin-based Faircado has successfully raised €3 million to enhance its AI-powered resale shopping browser extension. The extension aims to promote sustainable shopping by suggesting pre-owned items while users browse for new products on popular websites like Amazon and Zara. This funding round is a significant step for Faircado in advancing the circular economy and making thrift shopping more accessible and appealing. The investment was reported by TechCrunch and includes contributions from notable venture capital firms such as Accel, General Catalyst, Lightspeed Venture Partners, NEA, Northzone VC, and Impact Shakers. The news was also covered by IndianIdle.