Fundz

London-based Cult Mia raised over €4.6 million in a seed funding round led by H&M Group Ventures to accelerate its global expansion in the luxury fashion sector.

PRIVATEOct 18, 2024

Amount Raised

€4.6 Million

Round Type

Seed

LondonE CommerceFashionRetailJewelry

Investors

Morgan StanleyFuel VenturesDavid WertheimerH&M Group Ventures

Description

UK-based luxury retail platform Cult Mia completes a seed funding round, raising over €4.6 million to fuel its global expansion and strengthen its position as a leading destination for independent luxury fashion. This funding will enable the company to scale its operations in high-growth markets such as the US and the Middle East.

Quick answer

Cult Mia raised €4.6 Million in a Seed round, dated October 18, 2024. Investors: Morgan Stanley, Fuel Ventures, David Wertheimer and H&M Group Ventures. Cult Mia is based in London, England, United Kingdom.

How much did Cult Mia raise?
Cult Mia raised €4.6 Million in a Seed round on October 18, 2024.
Who invested in Cult Mia?
Morgan Stanley, Fuel Ventures, David Wertheimer and H&M Group Ventures are named as investors in this round.
What does Cult Mia do?
Cult Mia is the online fashion marketplace building the leading platform to discover sustainable and conscious independent designers from around the world.
Where is Cult Mia based and how big is it?
Cult Mia is based in London, England, United Kingdom.
Who are the decision-makers at Cult Mia?
Fundz holds 1 contact at Cult Mia. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Cult Mia that raised within 45 days of this round, from Fundz verified event records.

  • Eyewa raised $100M (Series C) on November 27, 2024.
  • All Things Baby raised $3.6M (Series A) on November 26, 2024.
  • ariika raised $3M (Series A) on November 21, 2024.
  • Efreshli raised an undisclosed amount (Seed) on November 13, 2024.
  • Boldfit raised $13M (Series A) on November 7, 2024.
  • Viewa raised $300K (Pre-Seed) on November 7, 2024.

Who to call at Cult Mia, and when

A new round usually means Cult Mia is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cult Mia raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cult Mia, from your own LinkedIn network

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Company Information

Company

Cult Mia

Location

London, England, United Kingdom

About

Cult Mia is the online fashion marketplace building the leading platform to discover sustainable and conscious independent designers from around the world. Founded in 2019 and 2022's Draper's Best Independent Retailer, Cult Mia has rapidly onboarded the international fashion community - more than 500 brands having joined the platform, from 42+ different countries, spanning 32 product categories.

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Cult Mia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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