Former Head of Yeezy-Adidas Innovation Lab Raises $6M For New Company, Marking It One Of The Largest Investments For A Black Founder This Year

By Jasmine Browley· Updated December 15, 2022

A former Yeezy-Adidas staffer is getting a huge investment to continue innovating in the sneaker production space.

Omar Bailey along with co-founder Abhishek Som will launch footwear prototyping company FCTRY LAb on December 15, and annouced the close of a $6 million fundraise.

According to a news release FCTRY LAb is an independent innovation studio that is US-based to avoid the risks and delays

Kimberly Wilson
Author: Kimberly Wilson

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