LONDON – Fashion software company Unmade is set to receive a new funding round of £4.75M, with venture capitalist Octopus Ventures as lead investor and additional support coming from MMC Ventures, Felix Capital and existing backers.
The financing is set to be used to fund Unmade’s global expansion and development of its 'demand-driven' manufacturing technology, with the idea being that brands and retailers only make what is actually sold. Unmade says it plans to grow its team in both Europe and the US.