Thread by @brianlaungaoaeh

We had a very busy 2022. But the people driving the startups we backed @refashiond were even busier. We couldn't be more proud of all that they have accomplished. Thanks to them we see a promising future for global supply chains.

Link: refashiond.com/state-of-suppl…

#SupplyChain #Tech

They say a picture is worth a thousand words, below are some excerpts about our growing portfolio of early-stage supply chain technology startups @refashiond.

#ObsessivelyEnthusiasticInvestor #SupplyChain #Innovation #Technology #Startups #VentureCapital

During what is possibly the most difficult fundraising environment in venture capital, the startups in our portfolio that raised capital in 2022 have exceeded our expectations.

#ObsessivelyEnthusiasticInvestor #SupplyChain #Innovation #Technology #Startups #VentureCapital

We made 20 first-check investments in 2022, and 2 follow-on investments. With the 8 first-check investments we made starting in September 2021, our portfolio is now 28 strong.

#ObsessivelyEnthusiasticInvestor #SupplyChain #Innovation #Technology #Startups #VentureCapital

Supply Chain Tech is more than just Logistics Tech. Our portfolio reflects this, and we have not even started scratching the surface of this unfolding and evolving opportunity.

#SupplyChain #Innovation #Technology #Startups #VentureCapital #ClimateChange

We could tell you our founders and the startups they are building are "crushin it!" We prefer to let their work and accomplishments do the talking.

Yup. REFASHIOND Ventures' portfolio ain't nuttin' ta f wit.

#ObsessivelyEnthusiasticInvestor #SupplyChain #Innovation #Technology

Some might call @lisahellebo and me crazy. They would be 100% correct.

We are #ObsessivelyEnthusiastic about #SupplyChain, #Innovation, #Technology, and #Startups.

We do not relent in championing and supporting the people who are building the startups we have backed.

Most Surprising Thing We Have Learned: The $25,000 commitment/investment from @refashiond can help unlock at least 12x+ additional capital from other investors. Our startups have raised millions more in capital after getting an early commitment from us.

Climate change and supply chains are opposite sides of the same coin.

Our only hope is to invest aggressively in the technologies that will enable us to refashion man-made supply chains such that we cause less harm to the environment.

We are eternally grateful for our early LPs - they have each proactively chosen to believe in us when there was scant evidence to suggest they should do so. They have entrusted us with an enormous responsibility. We do not take that privilege for granted.