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Hugepod Receives $40 Million In Series B Funding To Expand Its U.S. Presence For Print-On-Demand Apparel
PRIVATEJan 19, 2022•over 4 years ago
Amount Raised
$40 Million
Round Type
Series B
San FranciscoDescription
HugePOD, a global leader in print-on-demand apparel design and manufacturing, announced a significant funding milestone, raising $40 million in a Series B round to help the company expand its global footprint to the United States. The majority of funding from the Series B raise comes from Joyy Inc. as well as additional funding from all participating investors from the Series A (Engage Capital) and pre-A (Source Code Capital, ZhenFund) rounds.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech