H&M Group Ventures news and archive

Cult Mia tops up seed funding to 5 million US dollars

UK-based luxury retail platform Cult Mia has raised an additional 2 million US dollars in its latest seed funding round with participation from H&M Group Ventures, Fuel Ventures and David Wertheimer. The investment comes less than a year after Cult Mia raised 3 million US dollars in seed funding in a round led by Fuel Ventures with Morgan...

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H&M Group Ventures invests in Avassa

Swedish edge application management and operations platform provider Avassa has closed a new round of investment, adding global fashion retailer H&M Group as a strategic investor. In a statement, Avassa, which offers a Platform as a Service (PaaS) for managing edge applications and infrastructure across various industries, including retail,...

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Sneaker marketplace Laced raises 12 million US dollars

London-based Laced, the online marketplace that enables consumers to access in-demand and exclusive sneakers, has raised 12 million US dollars in a series A round of funding. The round was led by Talis Capital, with backing from H&M Group Ventures, the investment arm of the H&M Group, and previous investors BY Venture Partners and Truesight...