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 […]

London-based fashion e-commerce startup Thread lands $22 million, announces an equity crowdfunding campaign

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 […]

London-based on-demand fashion software company Unmade scores $4 million

Unmade, a UK-based fashion software company, has raised $4 million in new funding. The investment was led by Felix Capital, with participation from Connect Ventures, LocalGlobe, Carmen Busquets, Backed VC and C4 Ventures. Unmade offers clothing that customers can customise through its software platform, and is manufactured on-demand. The startup is partnering with lifestyle and […]

German online fashion startup Lesara raises €30 million

Germany-based fast fashion e-commerce startup Lesara has raised €30 million in funding from 3L Capital, German newspaper Handelsblatt reported. Existing investors Mangrove Capital Partners and Vorwerk Ventures also participated in the round, which brings the total amount raised by the company to more than €90 million. Lesara’s main differentiator in the fashion retail market has […]

Barcelona-founded social-commerce fashion startup 21Buttons secures $17 million to expand to the US

Barcelona-based 21Buttons, a fashion-centred social shopping app, has raised $17 million in a Series B funding round led by Idinvest Partners. The company’s existing investors, including Kibo Ventures, Breega, Samaipata, JME VC, 360 Capital Partners, and Sabadell VC, also participated in the round. 21Buttons app looks similar to picture-focused platforms like Instagram or Pinterest, except […]

Portuguese fashion supply chain startup HUUB raises €2.5 million

HUUB, a Portuguese startup that manages logistics for fashion brands, has just raised an early-stage investment of €2.5 million. The round was led by the Portuguese venture capital firm Pathena. HUUB provides product management, stocking, order fulfillment, and packing and shipping, among other services, for ecommerce fashion platforms. “We want to be orchestrators and lead […]