Egyptian Fashion Kingdom gathers $2.6m in initial funding

Image: DR

Egyptian fashion e-commerce platform The Fashion Kingdom (TFK) raised $2.6 million in venture funding.

Investors and fashion industry veterans Paul Antaki and Nasser Chourbagi also participated in the investment rounds.

Other investors included Lotus Capital, Raba Capital, Sunny Side Venture Partners, Foundation Ventures and The Cairo Angels.

TFK is a fashion e-commerce platform, founded in 2020 and offers customers the biggest sustainable brands, focused on value for money and various experiences.

According to TFK founder and CEO Fadi Antaki, “the participation of new and existing investors is a proud achievement for the entire team.”

“TFK is a curated marketplace that the rapidly expanding fashion e-commerce sector desperately needs. The market opportunity is huge and the factors underpinning it are strong,” he added.

08/05/2022