Urbanic secured $150 million in Series C funding to enhance AI design capabilities

Mar 18, 2024•almost 2 years ago

Amount Raised

$150 Million

Round Type

series c

LondonFashion

Investors

Jam FundD1 Capital PartnersMirabaud Lifestyle Impact & Innovation Fund

Description

Urbanic, a London-based fashion brand, has successfully completed its Series C funding round, raising $150 million from investors including Mirabaud Lifestyle Impact & Innovation Fund, D1 Capital Partners, JAM Fund, and other global investors. The funding will bolster the company's mission to revolutionize the fashion sector through the utilization of AI technology and improve overall supply chain efficiency.

Company Information

Company

Urbanic

Location

London, England, United Kingdom

About

Urbanic is a global fashion company headquartered in London, committed to balancing creativity and sustainability through the use of advanced technology. Since our inception, we have been committed to empowering consumers with top-notch fashion that blends innovation and social responsibility. We are recognized as one of the most rapidly expanding fashion retailers in key emerging markets. We invite you to be part of our journey to reshape the fashion landscape by fostering creativity, embracing technology, and promoting sustainability. Urbanic - We are because you are.

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Funding Insights

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