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

  • 7/26/2022
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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. The company has also seen the number of customers grow by over three times per year and is planning to continue at this rate for 2022.

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