Fashion e-commerce juggernaut Farfetch scores $110 million at a reported $1.5 billion valuation

Robin Wauters

Robin Wauters

Co-founder and editor-in-chief of Tech.eu, with previous stints at The Next Web and TechCrunch under his belt. Deeply in love with his family, technology, traveling and Belgian beer.
robin@tech.eu

British-Portuguese fashion e-commerce giant Farfetch has fetched $110 million in fresh funding to fuel expansion (via Business Of Fashion aka BoF, and Evening Standard).

The company's Series F round was led by new investors Temasek (Singapore's sovereign wealth fund), IDG Capital Partners (one of China’s first VC firms) and Eurazeo, with the participation of prior backer Vitruvian Partners. According to BoF, the financing deal values Farfetch at approximately $1.5 billion.

Needless to say considering the new investors, Farfetch is eyeing the APAC region for a lot of its projected future growth.

Farfetch has raised more than $300 million to date, from the aforementioned Vitruvian as well as Condé Nast, e.ventures, DST Global, Felix Capital and angel investors like Fabrice Grinda.

Founded in 2008 by Portuguese entrepreneur José Neves, the London-headquartered online shopping platform has grown to showcase over 1,000 (mostly luxury) brands.

	\[dealroom\_widget entity\_id="farfetch"\]
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