Hamburg-based fashion e-tailer About You has announced its intention to list on the Frankfurt Stock Exchange as of Q2 of this year. With the listing, About You will also file an accompanying private placement reserved for institutional investors with which it intends to raise at least €600 million in gross proceeds. The majority of this […]
London-based global fashion shopping platform Lyst has raised $85 million in a round that saw participation from a number of existing investors including Draper Esprit. The round welcomed new players Fidelity International, Novator Capital, Giano Capital, and former Apple executive Pascal Cagni’s C4 Ventures. Founded in 2010 by Chris Morton, Lyst provided over 150 million […]
Lithuanian consumer-to-consumer second-hand fashion platform Vinted has raised €250 million in a Series F round led by EQT Growth. The round also saw participation from previous investors Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital, and provides the company a pre-money valuation of €3.5 billion. As part of the deal, EQT’s […]
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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 founded by Hal Watts, Kirsty Emery and Ben Alun-Jones in 2014 in an effort to completely […]
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 […]
British menswear suggestion and matching startup Thread has raised $22 million in a Series B funding round from Balderton Capital, Beringea, Forward Partners, and H&M group’s investment arm H&M CO:LAB, with participation from Maurice Helfgott and Sebastian Picardo. The company plans to use the funding to hire more AI specialists and ramp up its brand […]