FinTechFunding

SwatchOn: Raises $10M in Funding

SwatchOn Raises $10M in Funding

  • SwatchOn, a Seoul, South Korea-based provider of a sourcing wholesale fashion fabric aggregator, raised $10M in funding
  • The round was led by Pavilion Capital, Kakao Ventures, and TBT Partners
  • The company intends to use the funds to develop new initiatives, specifically with a focus on digital fashion
  • The company is a fashion technology platform that connects the South Korean textile industry to brands around the globe
  • The company’s upcoming roadmap is set to include soon-to-be-announced initiatives in digital fashion, metaverse wearables, NFTs, digital fabric, AR, virtual experiences, and more
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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