Sunday, September 28, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home World Regional News Europe

Germany’s Fashion data exchange FashionCloud gets €25M

Femi Thomas by Femi Thomas
12/17/2022
in Europe
0 0
0
FashionCloud Germany

FashionCloud Germany

0
SHARES
Share on FacebookShare on Twitter

FashionCloud, a Hamburg-based B2B data and content exchange portal for fashion wholesalers and retailers, has raised €25 million in investment.

The round is led by the pan-European growth investor Verdane with further participation from FashionCloud’s existing investors, including the Danish investor HEARTLAND.

Fashion wholesalers are responsible for delivering pre-made garments and fabrics to retailers.

Recent trends like just-in-time supply chains have poured pressure on wholesaler networks, which must maximize their ability to replenish retail stock efficiently to satisfy the demand for new and popular garments.

According to Fashion Cloud, the wholesale sector accounts for around 40% of Europe’s €500 billion fashion market.

Fragmented, ineffective wholesale networks prevent the industry from realizing its full potential, the startup says.

At the moment, more than 600 fashion brands provide marketing and product data through its smart stock replenishment platform, helping to harmonize ordering schedules and advertising bulletins.

Some 20,000 retailers have signed up to access stock from leading fashion brands like Hugo Boss, Scotch & Soda, and Magasin du Nord.

Fashion Cloud is now looking to expand internationally in a bid to “seamlessly” unite fashion ecosystems globally, with the help of Verdane’s scaling-up expertise.

 

Read more on Tech Gist Africa:

Germany’s limehome raises €45M

Germany-based anvajo raises €17.7M

Germany-based Makersite, a SaaS platform has raised $18M in a Series A round of funding

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Femi Thomas

Femi Thomas

Related Posts

Nofence Norway
Europe

Norwegian ag-tech firm Nofence has closed a Series B round of over US$35 million

by Tech Gist Africa
09/23/2025
0

Norwegian ag-tech firm Nofence has closed a Series B round of over US$35 million (€30 million), raising the capital in...

Read more
Nothing Carl Pei London UK

London-based consumer tech company Nothing Raises $200M Series C

09/23/2025
Mistral AI France

French AI startup Mistral AI has closed a €1.7 billion Series C funding round

09/23/2025
Breega Europe

Breega, an early-stage venture capital firm based in Europe, has launched a $75 million Africa-focused fund

07/02/2024
Mon Petit Placement France

Lyon’s fintech firm Mon Petit Placement bags €6.5M

10/30/2023
Next Post
Bitcoin Group Germany

Bitcoin Group is buying a 268-year-old bank

Syncfy Mexico

Open Finance platform Syncfy raises a $10M

Plenna Mexico

Mexican femtech Plenna raises a $4.4M

No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.