PARAFINA

PARAFINA is a Spanish eco-friendly eyewear startup that emphasizes creating a positive impact on both the planet and people. Since 2014, the company has been dedicated to transforming the everyday accessory of eyewear into a force for positive change. PARAFINA offers stylish, accessible, high-quality eyewear made from recycled and organic materials, aligning with its philosophy of caring for the planet and promoting social commitment and sustainable growth. PARAFINA's dedication to UPCYCLING is evident in its products, which give a second life to discarded materials such as PET plastic, rubber tires, and soda cans. In addition to its commitment to the environment, the company is also actively involved in social initiatives. Through the PARAFINA Social Project, 5% of its sales are donated to fund scholarships for underprivileged children in the outskirts of Asuncion, Paraguay. The company's triple impact is measured and verified by independent certification partners, including BCORP, INTERTEK, BECOME, and the PARAFINA SOCIAL PROJECT. As a part of the Fashion, Retail, CRM, and Sales industries, PARAFINA is committed to driving change through innovation and education. Despite lacking specific details about the last investment and investors, the company's dedication to sustainability and social impact makes it a compelling opportunity for venture capital investment. With its strong ethos and commitment to positive change, PARAFINA presents an attractive investment prospect for venture capitalists seeking to support environmentally conscious and socially impactful startups.