Resale fashion tech startup TRUSS backed by new family office

Quick Summary:

FIGR Ventures, a newly established family office fund, has announced its first portfolio investment into TRUSS.

The London-based tech startup is powering resales in the fashion industry via AI-enabled data infrastructure.

It previously raised £345,000 in a pre-seed round led by SFC Capital, alongside angel investors, and is now supporting major fashion retailers with its technology.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment Retail

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 08:56:31 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 24494240

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