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Cannabis Fashion North America Retail

Burb Announces $4 Million Funding Round to Expand Retail Operations In British Columbia and Launch Products In Ontario and United States

– Burb Cannabis Corp. (“Burb” or the “Company”), a global cannabis lifestyle brand and high-end retailer with branded products and apparel, has successfully closed its $4M Series A funding round, led by Connecticut-based private equity group KarpReilly.
– The Company also closed the round with participation from American record label 300 Entertainment CEO and Co-Founder Kevin Liles.
– Burb plans to deploy this capital to increase its network of cannabis retail stores in British Columbia (BC) and to support the launch of its private label, Burb-branded cannabis products across Canada and into California.

E-Commerce Fashion Manufacturing Marketplace North America Printing

Printify Raises $45M in Series A Funding

– Printify is a Riga, Latvia-based print on demand company.
– The company raised $45M in Series A funding.
– The round was led by Index Ventures with participation from H&M Group, Virgin Group, Wise, Vinted, Squarespace, RedHat and Dreamers VC.
– The new investment will be used to further expand the company’s marketplace globally.

Analytics E-Commerce Fashion Marketplace North America Retail Retail Technology Software

Trove Raises $77.5M in Series D Funding

– Trove is a Brisbane CA-based branded recommerce company.
– Company raised $77.5M in Series D funding.
– The round was led by G2 Venture Partners with participation from Bank of Montreal, Capital One Ventures, Commerce Ventures and Wellington Management.
– The new investment will be used to expand its roster of brand partners, strengthen its technology and logistics infrastructure, enter the luxury vertical, and service a new customer audience in Europe.

3D Technology Fashion Retail Technology Software Southeast Asia Virtualization

Browzwear Raises $35M in First Funding

– Browzwear from Singapore develops 3D digital solutions for the fashion industry.
– The company raised $35m in a first funding round.
– Growth equity firm Radian Capital made the investment.
– The company intends to use the funds to accelerate platform development and market expansion, as well as to add new talent across areas.

Advertising Fashion Marketplace Western Europe

Contact, a platform for creatives backed by Maisie Williams, raises $1.9M seed led by Founders Fund

– Contact, a platform for models, raised $1.9m funding.
– The round was led by Founders Fund and joined by LAUNCH (the fund led by investor Jason Calacanis), Sweet Capital (via Pippa Lamb), Rogue VC (via Alice Lloyd George) and Angel investors Simon Beckerman (co-founder of Depop), Eric Wahlforss (co-founder of SoundCloud and now Dance), Abe Burns and Joe White.
– Contact co-founder and CEO Reuben Selby is a fashion designer who was formerly of Maisie William’s founding team, when she started her actress career.
– Contact aims to become a scalable back-end solution across the $104.2 billion Creator Economy, “democratizing” access to the world’s best creative talent.

B2B E-Commerce E-Commerce Platforms Fashion Information Services North America Retail Technology Virtual Reality Wholesale

ByondXR Raises $7M Seed Funding

– ByondXR from Tel Aviv develops a platform that creates virtual showrooms and stores for beauty, fashion and home decor brands using extended reality.
– The company raised $7M in seed funding.
– The round was led by Firstime and OurCrowd, with participation from angel investor Peter Chu, founder and former CEO of XR platform HTC.
– The new investment will be aimed at expanding customer success and research and development.

E-Commerce Fashion Lifestyle Marketplace Western Europe

Chrono24 Raises €100M in Series C Funding

– Chrono24 is a digital marketplace for new and pre-owned luxury watches.
– The company raised €100m in Series C funding.
– The round was led by General Atlantic with participation from Aglaé Ventures, the technology arm of the Arnault family’s investment company and existing investors Insight Partners and Sprints Capital, as well as Felgner and Kniewasser.
– The new investment will be used to continue to scale internationally and deepen its presence in existing markets, enhance its user experience, and augment its global team with additional talent.

E-Commerce Fashion Mobile Apps North Africa and the Middle East Shopping

Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

– Trendyol, an e-commerce platform based in Turkey, raised $1.5bn funding.
– The round was led by General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority.
– The company plans to continue investing in nationwide infrastructure, technology and logistics and toward accelerating digitalization of Turkish SMEs.

Consumer Goods E-Commerce Fashion Lifestyle North America

Lalo Closes $5.6M Seed Funding Round

– Lalo is a NYC-based DTC baby brand.
– The company closed a $5.6m seed funding.
– The round was led by Willow Growth Partners.
– Additional investors in the company include businesswoman and philanthropist Yael Cohen Braun, Dave Heath, CEO of Bombas, and business consultant and former senior partner of Boston Consulting Group, Michael Silverstein.
– The new investment will be used to grow their product line and to bring their products to more families.

E-Commerce Fashion Internet iOS Marketplace North America

Queenly Raises $6.3M in Funding

– Queenly, a marketplace and search engine for the formalwear industry, has raised $6.3m in funding.
– The investment was led by Andreessen Horowitz with participation from Y Combinator, The House Fund, Interlace Ventures, Dragon Capital, NextView Ventures, MyAsiaVC and Shakti Venture Capital.
– To date, Queenly has raised $7.1 million.

E-Commerce Fashion Lifestyle Shopping Western Europe

Lookiero Closes $30M in Series C Funding

– Lookiero from Bilbao, Spain provides a personal shopping service.
– The company raised $30M in Series C funding.
– The round was led by Perwyn with participation from MMC Ventures, All Iron Ventures and Bonsai Partners.
– The new investment will be used to accelerate growth, expand operations and its business reach.

Beauty Consumer Goods Fashion North America

Glossier Inc. Raises $80 Million

– Glossier Inc. announced that it has raised $80m in Series E funding.
Lone Pine Capital led the round, along with participation from existing investors Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital.
– The fully direct to consumer business will continue to scale its online and offline channels globally as it builds the world’s #1 destination for beauty discovery.
– Glossier was founded in 2014 and is on a mission to inspire everyone to find joy and confidence in their personal beauty style.
– The company has more than 5m customers globally and has become a household name across generations, especially with Gen Z and Millennials; two out of every five women between the ages of 18 and 34 in the United States have heard of Glossier.

Fashion Lifestyle North America Wearables

OROS Closes $14.5M Series A Funding Round

– Oros, a team of experimenters, visionaries and craftspeople united by a shared vision of a future forged from relentless curiosity and innovation, announced $14.5m in a Series A funding.
– The round led by Elizabeth Street Ventures and Enlightenment Capital.
– Also participating in the financing were leading visionary and entrepreneur Thomas Tull, the Chairman of Snap Inc. Michael Lynton, and Brandon Shainfeld, among others.
– The company’s emerging technology will usher in a new era for the $13 billion outerwear industry.

Apps E-Commerce Fashion North America

GOAT Grabs $195M Series F Round

– GOAT, the global platform for the greatest products from the past, present and future.
– GOAT has closed a Series F funding round of $195m.
– The financing was led by Park West Asset Management, funds and accounts advised by T. Rowe Price Associates, Inc., Franklin Templeton, Adage Capital Management and Ulysses Management.

Fashion North America Retail

The Renewal Workshop Closes $6M Funding Round

– The Renewal Workshop from Cascade Locks, Oregon is a technology enabled service provider that powers circular business for brands.
– Company raised $6m in funding.
– Backers included Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Gratitude Railroad, Portland Seed Fund, Fashion for Good, DOEN, Mosiaco Management, Mistletoe, and Volta Circle.
– The new investment will be used to continue to expand operations and its business reach.

E-Commerce Fashion Jewelry North America

Finley Grabs $3M Seed Round

– Finley, a debt capital raise and management solution, has announced a $3m seed round led by Matt Harris and Kevin Zhang of Bain Capital Ventures, with participation from Haystack, Nine Four Ventures, TwentyTwo VC, and Y Combinator.
– The company’s software helps growing companies automate due diligence, ensure compliance, and streamline ongoing reporting with their capital providers.

E-Commerce Fashion Marketplace North America Retail Shopping

Global Livestream Shopping Platform ShopShops Announces $15M Series B

– ShopShops, an interactive, global livestream shopping platform, announces a major finance milestone with its new $15M, Series B.
– The financing was co-led by LightShed Ventures and Acrew Capital and supported by existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG). Dave Lu from Hyphen Capital and Gaingels also participated in the round.
– The funding will be used to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
– Since 2018, the ShopShops mobile app has given shoppers in China access to a best-in-class marketplace of well-known prestige brands, emerging designers and vintage retailers hailing from 30 cities around the world.

E-Commerce E-Commerce Platforms Fashion North America Retail

Treet, with $2.8 million in seed funding, gets brands involved in the resale market

– Treet, a company rethinking the resale retail market, announced the close of a $2.8m seed round.
– The financing comes from Bling Capital, Matchstick Ventures, Techstars, BAM Ventures, BBG Ventures, Green Meadow, Interlace Ventures, V1.VC and Alante Capital.
– Despite the fact that selling old clothes is the most sustainable and most financially beneficial way to dispose of them, the process can be super tedious for both sellers and buyers.
– Treet’s approach to simplifying its market and lowering consumer friction is to go through brands.
– Essentially, Treet helps brands set up their own resale sites where buyers and sellers can list and find items.

Delivery E-Commerce Fashion North America Printing Shipping

Printful, a Leading Print-on-Demand Company, Achieves Unicorn Status with Growth Investment from Bregal Sagemount

– Printful announced a $130m investment from Bregal Sagemount.
– The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above $1b.
– The new partnership will support the launch of additional products and services and the expansion into new channels and geographies.
– Printful gives merchants, artists, and other creators the opportunity to run successful ecommerce businesses without investing resources in production and logistics.
– Printful has experienced explosive growth with its revenue increasing by almost 80% and exceeding $200m in 2020.
– Since its launch in 2013, Printful has sold over 32 million customized products to customers all over the world.

E-Commerce Fashion North America Retail

The Fascination Secures $1M in Seed Funding

– The Fascination is a curated online marketplace where people can discover, research and shop emerging, mission-driven brands.
– The company raised $1m in seed funding.
– Backers included Kat Cole, ex-President of Focus Brands, Taylor Holiday, CEO of Common Thread Collective, John Sutton, President of Red Ventures, Joe Speiser, serial entrepreneur and Petflow founder, and Gabby Slome, co-founder of Ollie Pets.
– The new investment will be used to expand the company’s business reach.

E-Commerce Fashion Internet iOS Marketplace North America

Queenly raises $2.3M for its dress marketplace

– Queenly, a marketplace for reselling formal wear, raised $2.262m in seed funding.
– The round was led by Dragon Capital and joined by Brightlane Ventures, Amino Capital, NextView Ventures, Shakti Capital, and Interlace Ventures.
– Queenly plans to expand its staff to six full-time workers with its new funds.

E-Commerce Fashion Health Care Lifestyle North America Women's

Stix expands from at-home pregnancy and ovulation tests to UTI products with $3.5M seed

– Stix, a women’s health startup, raised $3.5m in seed funding.
– The round was led by Resolute Ventures and SWAT equity partners, with participation from Entrepreneurs Roundtable Accelerator, Bullish and a variety of strategic angels.
– This brings the total amount raised by the company to $5m.

E-Commerce Eyewear Fashion North America Retail Wearables

Innovative Eyewear Brand, PAIR Eyewear Raises $12M Series A

– PAIR Eyewear, the first direct-to-consumer, customizable eyewear brand by Forbes 30 Under 30 Co-Founders Sophia Edelstein and Nathan Kondamuri, announced today the close of a $12M Series A investment round.
– The round was led by Alex Gurevich at Javelin Venture Partners with participation from Norwest Venture Partners, Precursor Ventures, Bolt, Gingerbread Capital and other strategic investors including NFL player Christian McCaffrey, David Rogier, Founder and CEO of Masterclass, among others.
– PAIR Eyewear is reimagining the consumer experience for those with glasses. After landing a deal on Shark Tank on March 6th of 2020, PAIR Eyewear has seen immense success growing 30% MOM, bringing a more personalized eyewear experience to families across the US.

E-Commerce Europe Fashion Internet Marketplace Retail

Otrium raises $120 million for its end-of-season fashion marketplace

– Otrium, a fashion e-commerce startup, raised $120m funding.
– The round was led by BOND and Index Ventures and joined by Eight Roads Ventures.
– Otrium is currently available in Europe.
– The company plans to use the funding to expand its business in Europe.

B2B E-Commerce Fashion Internet North America SaaS Wholesale

NuORDER Raises $45M in Funding

– NuORDER is a B2B e-commerce platform based in Los Angeles.
– The company raised $45m in funding.
– The round was led by Brighton Park Capital and Imaginary Ventures.
– Natalie Massenet, Co-Founder and Managing Partner of Imaginary Ventures and Founder of Net-A-Porter, will join as a board member and strategic partner driving European expansion and growth of the fashion and luxury retail markets.
– Managing Partner Mark Dzialga of Brighton Park Capital will also assume a seat on the board and contribute his expertise in helping companies execute against their global ambitions and within payments and marketplace.

Fashion North America

Tailored Brands Announces $75 Million in New Financing to Continue to Advance Strategic Plans

– Tailored Brands, Inc. (the “Company”) today announced the closing of a $75 million investment by a group of existing shareholders and lenders.
– The financing consists of $50 million of mandatorily convertible notes and $25 million in additional senior secured debt.
– This transaction will provide additional liquidity for the Company as it continues to advance its strategic plans to ensure it is best positioned to meet the evolving needs of its customers following the COVID-19 pandemic, and demonstrates the continued commitment of its investors to the long-term success of the Company.

E-Commerce Europe Fashion Marketplace

Vestiaire Collective Raises €178M in Funding

– Vestiaire Collective, a Paris, France-based global platform for second-hand fashion, raised €178m in funding.
– The round was led by Kering (KER.PA) and US investment firm Tiger Global Management as well as existing shareholders.
– The new funding will be used to scale up the company’s technology and data innovation roadmap.

Europe Fashion Shopping Web Apps

Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group

– Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group
– Reflaunt, a disruptive Resale-as-a-Service (RaaS) technology company empowering global fashion brands to embrace circularity, today announced that it has secured $2.7 million in pre-Series A funding, led by the investment arm of MadaLuxe Group, a leading worldwide distributor of luxury fashion.
– Participating investors include former Jimmy Choo CEO and Coty Senior Advisor Pierre Denis, Ganni founder and former CEO Nicolaj Reffstrup, Textile Innovation Fund, Piquadro, Bluebell Group and sustainable fashion accelerator Fashion For Good.

Children E-Commerce Fashion Marketplace North America

Newly funded Maisonette is becoming a go-to brand for fashion-conscious families; here’s how

– Maisonette, a four-year-old, New York-based company, has aimed from the outset to become a one-stop curated shop for everything a family might need for their young children.
– That plan appears to be working. Today, the company — which launched with preppy young children’s apparel and has steadily built out categories that include home décor, home furniture, toys, gear and accessories — says it doubled its number of customers last year and tripled its revenue.
– Though the company keeps its sales numbers private, its growth is interesting, particularly given the unabated growth of Amazon, which became the nation’s leading apparel retailer somewhere around the end of 2018.

E-Commerce Fashion North America Retail

Savage X Fenty Tries On $115M Series B

– Savage X Fenty is a lingerie brand designed by pop music star Rihanna.
– The company announced it has closed a $115M Series B fundraising round, led by L Catterton.

Apps E-Commerce Europe Fashion Internet Shopping Software

Ubamarket Raises £2.9M in Growth Equity Funding

– Ubamarket, a London, UK-based provider of a ‘Scan Pay Go’ retail tech app, raised £2.9m in equity funding.
– The company intends to use the funds to expand its business reach into new industries such as hospitality.
– The new investment was led by IW Capital and includes existing investor, MMC Ventures.

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