Wearhaus Obtains $4,000,000 Series A Funding

  • Feed Type
  • Date
    11/21/2016
  • Company Name
    Wearhaus
  • Mailing Address
    2041 Bancroft Way Berkeley, CA 94704 USA
  • Company Description
    Wearhaus Inc. is a Bay Area hardware startup founded in 2013 by ex-UC Berkeley students Richie Zeng and Nelson Zhang. Richie and Nelson met as engineering students but bonded over concerts and trips to the record store. They quickly realized how important music can be when it comes to meeting new people, but it’s not always an easy process.
  • Website
    http://www.wearhaus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the funds to ramp up production to allow for immediate fulfillment of individual sales and large, soon to be announced retail orders.
  • M&A Terms
  • Venture Investor
    Tellus International
  • Venture Investor
    China Media Capital

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