Home breadcru News breadcru Announcement breadcru Sustainable swimwear brand BOLD Swim gets Clearco's ClearAngel funding

Sustainable swimwear brand BOLD Swim gets Clearco's ClearAngel funding

22 Jul '21
1 min read
Pic: PR Web
Pic: PR Web

Toronto-based e-commerce investor Clearco recently announced its ClearAngel programme is extending $10,000 funding to US sustainable swimwear brand BOLD Swim. Having recently launched a new collection, BOLD Swim founder Tiffany Asamoah looks forward to applying the funding to new growth channels via an aggressive marketing campaign and product development.

ClearAngel is one of a few equity-free, flexible capital options for early-stage founders who don’t have the network to raise an angel round or join exclusive accelerators. The program has funded over 250 companies since its February 2021 launch.

Tiffany emphasizss the importance of sustainability by partnering with various environmental charities, using a special polyamide yarn fabric that biodegrades in five years, and recycling and donating spare fabric, a press release from Clearco said.

In addition to $10,000 of flexible capital, BOLD Swim will also get access to a network of over 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones.

Clearco was co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima.

ALCHEMPro News Desk (DS)

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