Nufabrx Completes Oversubscribed $10 Million Series A Round

Nufabrx, a drug delivery platform dedicated to simplifying patients’ ability to receive the benefits of medication through everyday clothing, announced the closing of an oversubscribed $10 million Series A funding round. The equity portion was led by Matt Soule (Former CEO of Ennis-Flint, Inc.) and his partners Angela Simmons, Steve Vetter, Ollie Crary and Mike Twilley, with additional capital from the family office of former Walmart Stores Division CEO Bill Fields (Fields Texas Ltd. Holdings LLC and DBR Investments LLC), Frank Brenner (minority owner of the New York Yankees), John Belk (Former CEO of Belk, Inc.) and others. Strategic investments were also received from previous investors such as the Charlotte Angel Fund and North Carolina State University Wolfpack Fund