DRESS Xthe leading female-led fashion brand Web3, made headlines this March after raising an impressive $15 million in Series A funding. Led by Greenfield Capital and with notable investors such as Warner Music, Red DAO, Slow Ventures and The Artemis Fund supporting project, DRESSX is poised to revolutionize digital fashion and expand its presence in the Metaverse.
NEWS FLASH⚡️: @dressxcom announces the successful raising of a US$15 million Series A round 🚀
The circle was led by @greenfield_cap featuring @slow, @warnermusic, @FundArtemis, @RED___DAO and other investors.
Funds raised will help the company scale its vision… https://t.co/n8TgBfFjhP pic.twitter.com/f4tFpslyW1
— DRESSX (@dressxcom) March 14, 2023
The company was founded in August 2020 and has since grown to become one of the largest platforms for digital wearables. With over 3500 digital fashion items, DRESSX caters to different tastes and styles. Its offerings include designs from the founding team and collaborations with other well-known brands, ensuring there is something for everyone looking to express themselves in the digital realm.
With this significant investment, DRESSX aims to make its wearables available across multiple Metaverses and gaming platforms, further expanding its reach and influence in digital fashion. The funds will also enhance the user experience of the DRESSX NFT marketplace, app and website, offering users a seamless and enjoyable experience to explore and purchase their favorite digital wearables.
DRESSX, ready to shape the digital fashion industry
The success of DRESSX’s Series A funding round highlights the growing interest in digital fashion and the Metaverse. As more people flock to these virtual spaces, the demand for unique and personalized digital wearables is on the rise. DRESSX is at the forefront of this trend, offering a diverse range of digital apparel to suit different styles and preferences.
By raising $15 million and partnering with prominent investors, DRESSX is well positioned to transform the digital fashion industry. The company’s commitment to innovation and its plans to expand its presence in the Metaverse, forge new partnerships and enhance its existing services make it a force to be reckoned with in Web3 fashion.
As DRESSX continues to grow and evolve, it remains dedicated to offering cutting-edge digital wearables that allow users to express their individuality in the Metaverse. With the support of its investors and the ever-growing interest in digital fashion, DRESSX aims to become an industry leader, shaping the future of virtual wearables and redefining the way we interact with fashion in the digital age.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. People are required to fully research any product before making any investment.
NFT and Web3 ambassador. Optimistic about all things blockchain.