The luxury closet closes growth funding round.
| Position | Luxury Closet secures additional capital - Brief article |
The Luxury Closet, an e-commerce platform for pre-owned luxury goods, has completed its growth funding round by securing additional capital that brings the total round to around $11 million.
The second closing was led by Knuru Capital, a newly set-up fund that invests in global digital disruptors, which will now become a key shareholder in the e-commerce platform together with two of the main Middle East and North Africa-focused VC funds and existing shareholders, Middle East Venture Partners (MEVP) and Wamda Capital.
The Luxury Closet also announced its expansion into Hong Kong, with a partnership with Guiltless.com, which was founded by Yen Kuok. The Luxury Closet will be taking over the...
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