On December 23, 2021, while most of the country was putting up holiday out of office replies, fashion B2B online service platform MakersValley signed onto an official partnership with venture capital firm, Capital Factory – an investment partner and mentorship, resource, and networking support system exclusively serving Texas-based startups. With this partnership, Capital Factory acquires a 1 percent stake in MakersValley, affording them an active financial interest in the success of Made in Italy fashion manufacturing.
Capital Factory’s support could be pivotal for MakersValley as it seeks to scale its capabilities for fashion brands around the world and Italian artisans and manufacturers. This opportunity has the power to fuel MakersValley’s evolution from an insular fashion sourcing and apparel production project management platform to one capable of integrating with top apparel e-commerce tools of the day to help fashion brands instantly react to product inventory needs.
According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013. Its backing gives MakersValley direct access to fashion tech investors, executive mentorship, networking/co-working opportunities, and more than $250,000 in potential total credits from major hosting providers like Amazon Web Services (AWS). Taken together, these resources will allow MakersValley to reach its growth and development goals by:
- Raising $1M in seed round funding,
- Scaling its tech and customer service, and
- Better connecting to the Texas entrepreneurship ecosystem
“This partnership will put MakersValley on the map,” explained MakersValley CEO and Co-Founder Alessio Iadicicco. “Investors and entrepreneurs who did not know about our company before will, and hopefully new opportunities for strategic partnerships outside of pure funding investments will help our company scale more and get access to change-making resources that we did not have before.”
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