# FARO funding: rounds and investors

> FARO has raised $6.0M across 2 rounds since 2025. Investors include JP Zammitt, FJ Labs and RiverPark Ventures. Every round with its source.

Source: https://millionrounds.com/company/faro (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Venture startup](https://millionrounds.com/companies)

# Who invested in *FARO*

2 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Goods Fashion Retail

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$6.0M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Venture Mar 2026
- **Biggest round:** $6.0M Seed · Jan 2025
- **Investors:** 15 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$6.0M** Seed

**?** Venture

- **First round:** Seed, $6.0M
- **Biggest round:** $6.0M
- **Between rounds:** 13 months

## The rounds

- **Mar 2026** Venture **Amount undisclosed** *1 new* [LvlUp Ventures](https://millionrounds.com/fund/lvlup-ventures) Source recorded
- **Jan 2025** Seed **$6.0M** *14 new* [JP Zammitt](https://millionrounds.com/fund/jp-zammitt) Lead [FJ Labs](https://millionrounds.com/fund/fj-labs) [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Presight Capital](https://millionrounds.com/fund/presight-capital) [E4EAfrica](https://millionrounds.com/fund/e4e-africa) [GHARAGE Ventures](https://millionrounds.com/fund/gharage-ventures) [Oliver Merkel](https://millionrounds.com/fund/oliver-merkel) [Kresten Buch (88mph)](https://millionrounds.com/fund/kresten-buch-88mph) [Leonard Stiegeler (Pulse)](https://millionrounds.com/fund/leonard-stiegeler-pulse) [Mato Perić (MPGI)](https://millionrounds.com/fund/mato-peric-mpgi) [Sudeep Ramnani (885 Capital)](https://millionrounds.com/fund/sudeep-ramnani-885-capital) [Tushar Ahluwalia (Razor Group)](https://millionrounds.com/fund/tushar-ahluwalia-razor-group) [Vikram Chopra (Cars24)](https://millionrounds.com/fund/vikram-chopra-cars24) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2025 **Venture** 2026 [JP Zammitt](https://millionrounds.com/fund/jp-zammitt) L [FJ Labs](https://millionrounds.com/fund/fj-labs) [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [LvlUp Ventures](https://millionrounds.com/fund/lvlup-ventures) [Presight Capital](https://millionrounds.com/fund/presight-capital) [E4EAfrica](https://millionrounds.com/fund/e4e-africa) [GHARAGE Ventures](https://millionrounds.com/fund/gharage-ventures) [Oliver Merkel](https://millionrounds.com/fund/oliver-merkel) [Kresten Buch (88mph)](https://millionrounds.com/fund/kresten-buch-88mph)

## Everyone who backed them

[JP Zammitt](https://millionrounds.com/fund/jp-zammitt) VC firm **1** round, led 1

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) VC firm **1** round

[Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **1** round

[LvlUp Ventures](https://millionrounds.com/fund/lvlup-ventures) VC firm **1** round

[Presight Capital](https://millionrounds.com/fund/presight-capital) VC firm **1** round

[E4EAfrica](https://millionrounds.com/fund/e4e-africa) VC firm **1** round

[GHARAGE Ventures](https://millionrounds.com/fund/gharage-ventures) Corporate VC **1** round

[Oliver Merkel](https://millionrounds.com/fund/oliver-merkel) Angel **1** round

[Kresten Buch (88mph)](https://millionrounds.com/fund/kresten-buch-88mph) VC firm **1** round

[Leonard Stiegeler (Pulse)](https://millionrounds.com/fund/leonard-stiegeler-pulse) VC firm **1** round

[Mato Perić (MPGI)](https://millionrounds.com/fund/mato-peric-mpgi) VC firm **1** round

[Sudeep Ramnani (885 Capital)](https://millionrounds.com/fund/sudeep-ramnani-885-capital) VC firm **1** round

[Tushar Ahluwalia (Razor Group)](https://millionrounds.com/fund/tushar-ahluwalia-razor-group) VC firm **1** round

[Vikram Chopra (Cars24)](https://millionrounds.com/fund/vikram-chopra-cars24) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=faro).

## Also claim to have backed them

This firm lists FARO as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Holocene](https://millionrounds.com/fund/holocene) VC firm Per its own site

## Quick answers about FARO

### Who invested in FARO?

FARO's investors include JP Zammitt, FJ Labs, RiverPark Ventures, Garage Capital and LvlUp Ventures, and 10 more on record.

### How much has FARO raised?

FARO has raised $6.0M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did FARO last raise?

FARO's most recent round was a Venture in Mar 2026.

### What was FARO's biggest round?

FARO's largest round on record is $6.0M (Seed), in Jan 2025, led by JP Zammitt.

### Who backed FARO first?

FARO's first round on record, in Jan 2025, was backed by JP Zammitt, FJ Labs and RiverPark Ventures and 11 others.

### What stage is FARO at?

FARO's latest named round is a Venture, in Mar 2026.

### Where is FARO based?

FARO is based in South Africa.

### Who led FARO's rounds?

JP Zammitt led the Seed in 2025.

## Companies like FARO

In the same sector, and raised in the last eighteen months.

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