eBay expands Circular Fashion Fund with 1.2m dollars investment by 2025

Ebay has unveiled the global expansion of its Circular Fashion Fund (CFF), aiming to support fashion start-ups with circular business models. By the end of 2025, the e-commerce giant will have committed a total of 1.2 million dollars to foster innovation across markets including the UK, Germany, the US, and Australia. In an added incentive for the 2025 cohort, eBay Ventures, the company's venture capital arm, will award an additional 300,000 dollars to one stand-out business as the “Circular Fashion Innovator of the Year.”