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 new investors Quadrille Capital and La Maison.  NA-KD official reports in net sales in 2018 are […]

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 across the Atlantic, where it boasts stores in NYC and Los Angeles. In fact, Depop says […]

Israeli 3D fashion tech startup Invertex raises $2 million

Israeli 3D fashion tech company Invertex has raised $2 million in a seed funding round. The round was led by Jerusalem-based equity crowdfunding VC OurCrowd. Permoda, an international leading retail and fashion group also participated in the round, along with angel investors. OurCrowd First general partner Eduardo Shoval, a serial entrepreneur, also joined the Invertex board.

Curated shopping startup Outfittery lands $22 million from Octopus Ventures and others

Berlin-based company Outfittery, which helps men shop for outfits online with the help of style experts, has raised $22 million in funding. The financing round for the curated shopping startup was led by London and New York-based investment firm Octopus Ventures, alongside U-Start Club and prior backers Northzone Capital, Highland Capital Partners, Holtzbrinck Ventures and […]