What is Urbanic?
Urbanic operates as a global fashion company based in London, with a core mission to harmonize creative expression and environmental responsibility through the strategic deployment of advanced technology. The company's focus on sustainability, coupled with its technological approach, positions it within a growing segment of the fashion industry that prioritizes ethical production and innovative business models.
How much funding has Urbanic raised?
Urbanic has raised a total of $150M across 1 funding round:
Series C
$150M
Series C (2023): $150M with participation from JAM Fund
Key Investors in Urbanic
JAM Fund
JAM Fund is a charity established in March 2005 that raises funds to support children with life-threatening illnesses. The organization organizes various events such as bike rides, marathons, dinner dances, and auctions to generate donations.
What's next for Urbanic?
The recent major strategic investment signifies a pivotal moment for Urbanic, likely enabling accelerated growth and the expansion of its technological initiatives. This financing is expected to bolster the company's capacity to further its sustainability goals and enhance its global market presence. The enterprise-level backing suggests a focus on scaling operations and solidifying its position as a leader in the fashion tech space.
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