Return to: Business NewsFanos Bazzar Pishgam Joins FasterCapital’s LaunchUp Program to Raise $5M for Multi-Sector Expansion in IranFanos Bazzar Pishgam Company, a dynamic multi-sector investment and trading firm based in Isfahan, Iran, has joined the LaunchUp program by FasterCapital to accelerate its growth and raise $5M in funding. The company operates across several high-potential sectors, including real estate construction, home appliances, medical equipment, smart home technologies, and stone mining. Its integrated approach to infrastructure development and import-export operations positions it as a key player in connecting domestic demand with international markets. Through its participation in the LaunchUp program, Fanos Bazzar Pishgam aims to enhance its strategic partnerships, optimize financial structuring, and scale its operations in response to Iran’s shifting economic landscape and modernization efforts. Bashar Hamood, Venture Partner at FasterCapital, commented: "Fanos Bazzar Pishgam represents the type of bold, diversified vision we look for in LaunchUp. Their hands-on strategy in multiple essential sectors offers a compelling investment opportunity, and we are proud to support them in taking their growth plans to the next level." He added, "Their focus on reducing risk through pre-sale financing, sectoral diversification, and strategic procurement aligns well with our vision of helping startups and businesses build resilient, scalable models." Erfan Haje Sharifi, CEO of Fanos Bazzar Pishgam Company, shared his thoughts on the collaboration: "Joining FasterCapital’s LaunchUp program marks a significant step in our expansion journey. With FasterCapital’s expertise and support, we aim to strengthen our operational capacity, attract global investors, and bring sustainable, high-ROI projects to market. This partnership is not just about funding—it’s about building long-term value." Fanos Bazzar Pishgam is actively seeking to raise $5 million to fuel its diverse investment initiatives and leverage the emerging opportunities within Iran’s rapidly evolving econ ... News Release: Fanos Bazzar Pishgam Joins FasterCapital’s LaunchUp Program to Raise $5M for Multi-Sector Expansion in Iran Submitted on: June 03, 2025 01:19:36 PM Submitted by: Sally Yazji On behalf of: fastercapital.com/ |