Venrex BFC Fashion I
BFC and London-based venture capital firm Venrex have come together to create an investment fund, Venrex BFC Fashion I, to support the growth of the business eco-system in the fashion sector.
The Fund marries the BFC’s network, unique convening power and ability to engage with leading creative talent with Venrex’s long-standing track record in identifying winning businesses. The partnership serves to diversify the the BFC's revenue streams with BFC receiving fees and a portion of the carry, which as a not-for-profit will be used to reinvest in fashion education and talent programmes.
Businesses within the BFC ecosystem beyond the BFC Network will be able to apply for investment by the Venrex BFC Fashion I. So far, Venrex BFC Fashion I has invested in three companies: Intimately, Vollebak and Digital Village.
Intimately is an adaptive intimates brand for disabled women. Intimately has redesigned bras, underwear, and sleepwear with the newest fastening technology to make sure disabled women can easily get dressed. The brand doesn’t sacrifice fashion for function, believing everyone deserves to feel confident in stylish intimates designed for them.
Vollebak is building the future of clothing, using science and technology to tackle the most important challenges of our time – from climate change and sustainability, to space travel and disease resistance. Already 2x winners of TIME Best Inventions, their clothing includes Solar Charged Jackets that store and re-emit sunlight, t-shirts that turn into worm food, hoodies designed to outlive the owner, and the first gear for Mars.
The Digital Village MMO Metaverse (DV) is redefining the construct of society and how we interact with the internet as a community. The DV aims to redefine how our time online echoes back into our physical lifestyles and adapt it to the ethical mindset of the connectivity between humans and technology. The purpose of The DV is to become a welcoming ecosystem that allows everyone to create in Web3 and integrate their digital assets and lifestyles seamlessly and ethically into the Metaverse. This comprehensive and diverse ecosystem will enable members to showcase, wear, use, and exchange their digital assets with their communities.