fund
Fund I
founded
2013
partnered
2017
status
Acquired
Fairphone is building a movement for fairer electronics by using a smartphone as a storytelling device to reconnect consumers to their products and uncover how things are made.
From the earth to your pocket, a smartphone’s journey is filled with unfair practices. By establishing a market for ethical electronics, Fairphone inspires the entire electronics industry to act more responsibly. This means taking a holistic approach to fairness to people and planet, motivating suppliers and manufacturers to continue to invest in improving working conditions, worker satisfaction and sustainable business practices, as well as providing better opportunities for the communities linked to its supply chain.
In 2023, an international consortium of impact investors led by new shareholders Invest-NL and ABN AMRO, joined forces with existing shareholders to invest €49 million in Fairphone, allowing for the exit of Pymwymic and over 1000 crowdfunders.