Investment news and archive

Ulta Beauty set to invest 20 million dollars in tech start-ups through new investment fund

Beauty retailer Ulta Beauty has announced the launch of its digital innovation fund Prisma Ventures, through which it is planning to invest 20 million dollars into emerging technology start-ups that focus on developing online and in-store experiences. The fund aims to help accelerate those selected via long-term, strategic partnerships and...

17 hours ago

Business

Khaite reportedly eyeing future investment and sale opportunities

New York label Khaite is reportedly exploring potential investment and sale options as it looks towards scaling the brand. According to sources of WWD, creative director Catherine Holstein has been in contact with possible investors and is considering a sale. In a statement to the publication, the brand said that it had grown quickly since its...

5 Aug 2022

BusinessFeatured

Garment repair app Sojo secures 2.4 million dollars in pre-seed funding

Start-up app Sojo has announced the closing of its pre-seed funding which has seen it raise over 2.4 million dollars in a round led by CapitalT. Angel investors also involved in the funding round included founder of Depop, Simon Beckerman, ex-COO of Pangaia, Yael Gairola, vice president of menswear at Tom Ford, Peter Hawkings, and founder of...

26 Apr 2022

Business

Johnnie-O closes 108 million dollar investment round

American lifestyle brand Johnnie-O has announced it has raised 108 million dollars in an investment round by Wasatch Global Investors and Ares Management Corporation. It comes as Johnnie-O reported its sales and EBITDA had grown by more than 80 percent in 2021, the brand said in a release, with this new financing set to help the company continue...

26 Apr 2022

Business

OnlyFans launches fashion competition series for emerging designers

OnlyFans, a platform for user-produced adult content, has announced the launch of its Creative Fund: Fashion Edition, an initiative focused on rising talents in fashion. Documented in a series for the platform’s free streaming service OFTV, competing participants will be in with a chance of winning 50,000 dollars to be used to further their...

3 Mar 2022

Business

Victoria’s Secret to make seven million dollar investment in women-led businesses

Lingerie retailer Victoria’s Secret has announced its intention to invest seven million dollars into women-owned businesses through a partnership with venture capital firm, Amplifyher Ventures. The goal of the investment is to provide female entrepreneurs with access to capital and growth opportunities, as well as potentially closing the gender...

1 Mar 2022

Business

Stateless Group launches incubator programme for underrepresented entrepreneurs

Stateless Group, a venture company set out to support emerging brands, has launched a fashion incubator programme dedicated to uplifting underrepresented founders. The programme, which aims to provide a full 360 offer, looks to bolster early-stage start-ups through connections with established brands and company partners with the hope of aiding...

1 Mar 2022

Business

Volumental raises 13 million dollars, plans for global expansion

A Stockholm-based tech firm, Volumental, has seen a capital rise of 13 million dollars to support its global expansion and product development. The company utilises 3D scanning and data tools to aid shoppers in selecting the right fit of footwear before they purchase online. Its range of FitTech tools includes retailer scanning, mobile scanning,...

24 Dec 2021

Business

L’Occitane invests in custom lingerie brand Lolo Paris

For its finalised first capital increase, custom-made lingerie label Lolo Paris has welcomed several investors including Obratori, L’Occitane Group’s seed fund. The young brand, launched in 2019, is centred around a personalised approach to lingerie, with the new investments hoping to aid in the acceleration of its growth and the continued...

17 Dec 2021

Business

True Fit announces 30 million dollar growth investment

Fit and size software platform True Fit has announced a 30 million dollar growth round today as it reports a significant increase in revenue over the last year. The data platform, used by shoppers for fit recommendations across multiple brands, reported an 85 percent growth in its annual recurring revenue, alongside a consumer adoption increase...

7 Dec 2021

Business

Retailer insight platform Margin Guardian receives six-figure investment

Maven Equity Finance, part of the UK’s Northern Powerhouse Fund, has announced a six-figure investment into Margin Guardian, enabling the business to invest in its platform, commercialise and develop an android version of its app. Margin Guardian is a platform that provides retailers with data insights direct from consumers, displaying prices,...

30 Nov 2021

Business

Creator commerce platform, LTK, raises 300 million dollar funding

Influencer marketing and commerce platform LTK (formerly known as LiketoKnow.it) has announced a round of funding that now values the US company at two billion dollars, due to a new investment by SoftBank Vision Fund 2. The 300 million dollar funding will aid in empowering talent and product development across the platform’s creator, brand and...

23 Nov 2021