What is Avalanche?
Avalanche Skiwear is a notable player in the eco-friendly ski clothing market, also extending its offerings to custom and corporate apparel orders. The company distinguishes itself by providing a curated selection of high-performance ski equipment from renowned brands such as Stöckli, Van Deer, Head, and Salomon. Its business model caters to both environmentally conscious individual consumers and businesses seeking personalized, branded apparel solutions. Based in Berlin, Avalanche is actively enhancing its digital presence with a website update aimed at improving the overall customer experience.
How much funding has Avalanche raised?
Avalanche has raised a total of $460M across 2 funding rounds:
Share Placement
$230M
Share Placement
$230M
Share Placement (2021): $230M with participation from Polychain Capital and Three Arrows Capital
Share Placement (2021): $230M led by Three Arrows Capital and Polychain Capital
Key Investors in Avalanche
Polychain Capital
Polychain Capital is a prominent investment firm specializing in cryptocurrency protocols and blockchain-based assets, established in 2016 and based in San Francisco, California.
Three Arrows Capital
Three Arrows Capital is an investment firm with a focus on digital assets and blockchain technology, indicating a strategic interest in companies within the decentralized finance and cryptocurrency ecosystems.
What's next for Avalanche?
The recent major strategic investment signifies a pivotal moment for Avalanche, likely enabling the company to accelerate its expansion initiatives, further develop its eco-friendly product lines, and potentially broaden its market reach. This infusion of capital is expected to fuel innovation in sustainable apparel technology and enhance its capabilities in fulfilling corporate clothing orders. With a clear focus on both environmental responsibility and customer-centric solutions, Avalanche is well-positioned to capitalize on growing market demand for sustainable and customized apparel.
See full Avalanche company page