The leading female-led Web3 fashion brand DRESSX raised $15 million this month in a Series A funding round led by Greenfield. Accordingly, the company will use the funds to scale its Metaverse presence, start exciting partnerships, and improve its existing services. Considering that it’s already the largest digital wearables platform, DRESSX is worth looking into right now.
How Did DRESSX Raise $15 Million for Brand Development?
DRESSX started this spring in style with fabulous wearables and a great series A round, raising a whopping $15 million. Accordingly, the investors’ list includes Warner Music, Red DAO, Slow Ventures, and The Artemis Found to name a few.
The company’s female founding team will use the funds to bring their vision of Web3 fashion to a new level. Part of this mission involves making their wearables available across multiple Metaverses and games. Another goal is to improve the functionality of the DRESSX dedicated NFT marketplace, app, and website.
Last but not least, the company aims to score new collaborations with industry leaders, both in the Web3 and physical worlds. This goal is definitely attainable given DRESSX’s popularity in today’s fashion industry.
What is the Brand all About?
In short, DRESSX is the largest Web3 wearables brand in the Metaverse. Founded in August 2020, the company now boasts over 3,500 digital fashion items. While some wearables are designed by the founding team, others carry other brands’ signature styles.
Either way, this brand has something for everybody – and people are more interested than ever in expressing themselves in the Metaverse.
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