fashion tech

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Amsterdam’s Otrium snags €24 million to expand fashion marketplace that sells excess inventory

Amsterdam-based Otrium, an online fashion marketplace that aims to move unsold clothing at the end of the season, has raised €24 million in Series B funding to fuel further international expansion. The round was led by Eight Roads Ventures, […]

French fashion tech company Vestiaire Collective raises €59 million for secondhand luxury

Vestiaire Collective, the French creator of a global clothing resale platform, has secured €59 million in financing to pursue its mission of “keeping clothes out of landfill”. Investments came from existing shareholders and new ones, such as Korelya Capital, […]

Swedish startup Material Exchange raises $2 million seed to digitally transform the fashion supply chain

Material Exchange Ventures, a Stockholm-based startup and creator of an eponymous sustainable fashion platform, has raised a $2 million seed round led by Inventure. The investment will be used to open a sales and technical support hub in mainland […]

Swedish fashion startup NA-KD closes its Series B round at €65 million, with the extra €20 million for localisation

Gothenburg-based fashion e-commerce company NA-KD gets an extension of €20 million in funding as part of its Series B, making it worth €65 million in total. The extension was led by existing investors Partech, Northzone and eEquity, and included […]

UK-based fashion software startup Unmade secures £4.75 million in round led by Octopus Ventures

London-based fashion software company Unmade has scored £4.75 million in seed funding in a round led by Octopus Ventures and joined by MMC Ventures, Felix Capital and prior backers. Unmade previously raised $4 million in August 2018. Unmade was […]

Online fashion marketplace Depop secures $62 million in funding

UK-based Depop, which operates an online fashion marketplace for ‘Generation Z’, has raised $62 million in a Series C round led by General Atlantic, a US-based investor. That ties into the startup’s ambitions, which is to accelerate its growth […]

Israeli fashion tech startup Syte.ai raises $8 million Series A round

Israeli company Syte.ai, which has developed an AI visual search platform for fashion items, has raised $8 million in Series A financing. The round was led by NHN Ventures, with participation from Naver Corp., Line Corp., Magma VC, Remagine […]

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