Egyptian fashion e-commerce platform The Fashion Kingdom (TFK) has raised $2.6 million in venture funding co-led by CVentures and A15.
Existing investors and veterans of the fashion sector Paul Antaki and Nasser Chourbagi also took part in the round.
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Other investors included Lotus Capital, Raba Capital, Sunny Side Venture Partners, Foundation Ventures, and The Cairo Angels.
The Fashion Kingdom is an e-commerce fashion platform that was founded in 2020 and provides clients with the greatest sustainable brands, value for money, and experiences.
According to TFK’s founder and CEO, Fadi Antaki, “The participation of new and existing investors is a proud achievement for the entire team.”
TFK is a curated marketplace that the quickly expanding fashion e-commerce industry desperately needs. Our market opportunity is enormous, and the factors supporting it are strong. We have increased in size by more than 3.3 times in the past year, and the online client demographics we serve are only expanding.
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Antaki continued, “Our unique differentiators, together with access to the breadth of knowledge and regional expertise of our investors, positions us perfectly to become the market leader in Egypt and beyond.
The funding will be invested in scalable technology, expanding the team, and accelerating The Fashion Kingdom’s growth strategy.
