Connects African fashion designers with global economic opportunities via a B2B e-commerce platform.
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Folklore operates a B2B e-commerce platform connecting African fashion designers with global economic opportunities. It also manages Folklore Capital, which offers brands access to credit facilities up to USD 1M. The company secured seed funding of $3.4 million from Benchstrength, Slauson & Co., Techstars, and Black Tech Nation Ventures. The funding will strengthen efforts in building its B2B platform and launching Folklore 2.0, which provides additional functionalities including talent sourcing, educational resources, and funding access.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 23 avr. 2024 | $3.4M | — |