Faba is not about helping startup coins to raise money. It is about investing in promising companies, related or not related to crypto, that have potential to bring profit and also that are doing something useful and needed in today's world.
You should read the WP and decide for yourself.Check which kind of companies Faba is looking to invest in for example.
Those 3 are only for an example and initial companies, Faba is gonna offer much more companies after STO ends and put them up for voting.
How many companies will be actually offered for a vote? More then 100?
There should be more then 100 companies, since the plan is to invest in 110 companies after STO. So that means that more then 110 should be offered for the vote I guess.
I thought that money will go for development, marketing and so on .