• Dia&Co raises 40 million dollars in Series C financing

    25 days ago - By Fashion United

    Plus-size retailer Dia & Co. has raised 40 million dollars in Series C financing, bringing their aggregate to 95 million dollars. The latest series of funding was led by Union Square Ventures, with participation from existing investor Sequoia Capital. Sequoia previously led the Series B round of 30 million dollars.
    Dia&Co was founded by Nadia Boujarwah and Lydia Gilbert in 2015 marketed toward plus-size women who felt they were lacking options. Rebecca Kaden will now be joining the company's board of directors alongside existing director Alfred Lin of Sequoia as reported by WWD.
    As for...
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  • UK menswear startup The Drop raises half a million in funding

    UK menswear startup The Drop raises half a million in funding

    25 days ago - By Fashion United

    Fashion tech startup The Drop just got a lot more funding. The
    London-based startup, founded in 2016, just raised 500 thousand pounds in Seed funding, a large investment that will go a long way to make custom design in menswear more accessible across consumer demographics.
    Founded by duo Jonathan Kruger and Stephen Stroud, with backgrounds as a clothing industry executive and senior software developer, respectively, The Drop aims to reinvent the traditional retail model.
    Kruger and Stroud identified the current retail and production system as a flawed focus on large volumes of garment...
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