F5, a D2C brand servicing daily workplace consumption, announced that it has closed $350,000 (approx Rs 2.5 crore) as the first tranche of its pre-Series A round, while it is in the final stage for closing the second tranche in the next couple of weeks.
The current raise saw participation from angel investors including Mohit Satyanand, Chairman, Teamwork Arts who led through LetsVenture platform; Gurugram-based accelerator Huddle, AngelList, Venture Catalysts, Forbes Indian angel investor - Rohit Chanana among others.
The company had earlier raised $400,000 (Rs 3 crore) as part of its seed round in May 2020.