Third Wave Fashion // OCTOBER 2013 // THE PRIVACY ISSUE | Page 33
S H OW M E
L
THE MONEY
ast month we survived Fashion Week and dove right into fall. e
leaves may be starting to change colors, but there’s no change in the
intensity of fundings happening in the fashion tech space. September
was an exciting month as we tracked fieen separate funding events spanning
$169.8M. With a bigger funding group than we saw in August, a total of
$113.4M more was invested in September than in the previous month. Only
about 40% of companies came from the United States. is month was an
international affair, with countries including France, the UK, and Brazil
taking home the money. Here are the investments you should know about.
Online commerce retailer Dafiti hailing from Brazil was the big
winner in September. is footwear and fashion retailer managed to lock
down $70M in Venture Round funding from Ontario Teachers’ Pension
Plan (OTPP), a Canadian investment fund. is brings Dafiti’s total funding
to an impressive $225M, putting the company on a promising track to
expansion. With business in Argentina, Mexico, Chile, and Colombia, Dafiti
will be using this round to strengthen customer service and bolster its
product offerings. Ultimately, the reta [\