Nitex
Latest round
- Series A
Last raised
- Nov 2023
Total raised
- Undisclosed
Investors
- 1
About Nitex
Based in London, UK, and established in 2017, co-founded by Arifin Hasan (CEO), and Muhammad Mahdi (Chairman and CTO), Nitex Inc. operates as a fashion and apparel company that offers services such as designing, manufacturing, and delivering crafted clothing for household brands. The firm as of March 2023, has a 10 million production capacity per month through its 400 production lines in London, Barcelona, Istanbul, and Dhaka. The company through its online platform enables fashion brands to manage apparel design, product development, manufacturing, compliance, shipping, and credit in one platform. The other services offered by the company include design labs, under which it designs thousands of unique clothing items for men, women, and kids every month, launches them on its platform daily, and through artificial intelligence (AI) and forecasting technology, it predicts the next booming trend in the fashion industry. The company also offers production lab facilities around the world with a flexible supply chain, a minimum order quantity of 300 pieces in around 450 product categories, transparent traceability, and a 60-day open credit payment option. The company as of March 2023, plans to expand its design labs further in New York, Milan, Berlin, Paris, and Tokyo by the end of the year 2023.
Who invested in Nitex
1 investor across 1 round
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Funding rounds
Series A
Nov 28, 2023
Amount
Undisclosed
Investors
Questions about Nitex
Who invested in Nitex?
Nitex has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nitex raised?
Nitex has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Nitex last raise money?
Nitex's most recent round on record is a Series A, in Nov 2023.
What does Nitex do?
Based in London, UK, and established in 2017, co-founded by Arifin Hasan (CEO), and Muhammad Mahdi (Chairman and CTO), Nitex Inc.
Where is Nitex headquartered?
Nitex is headquartered in London, UK.
Which VCs invest in companies like Nitex?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back consumer products companies at Nitex's stage. Their profiles are linked below.
VCs backing consumer products startups at Series A
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