Fable Tech Labs secures US $10.5M Series A led by Five Elms Capital

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By CPE News

CPE News Brief (5.18.2022) – Fable Tech Labs Inc. has raised US $10.5 million in Series A funding led by Five Elms Capital with participation of Difference Partners, seed investor Disruption Ventures, and others.

The Series A financing closed in Q1 2022 and the company has yet to make a formal announcement of the financing.

Austin Gideon, Partner of Five Elms Capital, has joined Elaine Kunda, Disruption Ventures’ founder & Managing Partner, on Fable Tech Labs board of directors, along with two founders.

In June 2020, Fable Tech Labs raised CDN $2 million in seed financing led by Disruption Ventures with participation of Village Global, Globalive Capital, Innovation Grade Ventures, and BDC Capital (debt).

Founded by Alwar Pillai and Abid Virani, Fable Tech Labs is a leading accessibility platform powered by people with disabilities. Fable’s platform connects researchers, designers, and developers with people with disabilities, with the goal of making it easier to create an accessible digital product.

photo credit: Fable Tech Labs