The fashion platform has changed its organisational structure at least two times and is on its third model now in three years.
With fashion choices being influenced on a global scale in real-time by social media platforms like TikTok and Instagram, Fashinza's solution of connecting SMEs directly to top fashion brands across the world has revolutionised the way fashion works in today's high-speed digital age.
The VC firm remains slightly conservative in the mid term in terms of funding due to rate hikes and geopolitical uncertainty
The $100 million round, which was a combination of equity and debt funding, also saw participation from existing investors Accel, Elevation, and ADQ, along with angel investors Naval Ravikant, Jeff Fagnan, Jake Zeller, Nivi, and Nitesh Banta.