Economy

Egypt e-commerce fashion platform TFK raises $2.6m in seed funding round

Follow-ups -eshrag News:

Tue, 2022-07-26 17:10

RIYADH: Egypt-based curated fashion e-commerce platform The Fashion Kingdom raised $2.6 million in a seed funding round co-led by venture capital firms CVentures and A15.

The round also saw participation from other investors including Lotus Capital, Raba Capital, Sunny Side Venture Partners, Foundation Ventures, and The Cairo Angels.

The company will use its acquired funding to accelerate its growth, scale its technology, and grow its team.

TFK currently has more than 200 local and international brands on its platform with 135,000 customers.

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