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Synopsis
The Craftory, a global investment company, completed a $16m investment in Dropps, a Pennsylvania-based e-commerce company. Financial terms were not disclosed. “The Craftory is an ideal partner for our business and I’m humbled by their investment. Their founders and operational team provides more than just money to their portfolio companies. In addition, The Craftory’s revolutionary investment philosophy aligns well with our mission-driven values so we can maintain our triple-bottom line of social, environmental and financial impact,” Jonathan Propper, Dropps Founder and CEO.
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