Fleek

Investor: Burda Principal Investments

Fleek, a B2B marketplace and AI infrastructure provider for the global secondhand clothing industry, has successfully closed a Series B funding round, raising £18.75 million ($25 million).Summary of transaction details:Value: £18.75 millionSector: DeepTech & AI, Fashion TechnologyAdvisor: None mentionedKey Entities: Target: Fleek; Lead Investor: Burda Principal Investments; Participating Investors: eBay, FJ Labs, H14, Andreessen Horowitz, HV Capital, Y Combinator.Location: Not explicitly stated for target/investors' HQs, but Fleek operates globally and its technology is deployed across multiple continents.Note: This funding round is set to accelerate the development of Fleek's AI-native marketplace, expand its engineering teams, and scale its technology platform to digitize and improve efficiency within the manual and fragmented secondhand fashion supply chain.

Investor: Burda Principal Investments

Fleek, a pioneering company leveraging AI to build infrastructure for the global secondhand clothing industry, has successfully secured £18.7 million ($25 million) in a Series B funding round.Summary of transaction details:Value: £18.7 million ($25 million)Sector: DeepTech & AI (specifically for FashionTech and B2B marketplace infrastructure)Advisor: Not mentionedKey Entities: Target: Fleek; Lead Investor: Burda Principal Investments; Participating Investors: eBay, FJ Labs, H14, Andreessen Horowitz, HV Capital, Y CombinatorLocation: Headquartered (HQ) location not specified, but operations and pilots span UK, Europe, US, Pakistan, India, and Dubai.Note: This funding will accelerate Fleek's mission to digitise and streamline the fragmented, manual supply chain of the rapidly growing secondhand fashion market by expanding its AI-native marketplace, engineering teams, and global network.

Investor: Maria Raga, Y Combinator, Sean Plaice, HV Capital, Andreesen Horowitz, Harley Finkelstein

Investor: HV Capital

Fleek has raised $20.4M in a Series A funding round led by HV Capital to bring the fragmented wholesale second‑hand fashion market online. Summary of transaction details: Value: $20.4M (≈£16.1M) Sector: Consumer Goods Advisor: N/A Key Entities: Fleek (target), HV Capital (lead investor), a16z, Y Combinator Location: Offices in the UK, Pakistan, and India Note: The investment capital will fuel Fleek’s platform expansion, AI‑driven inventory sourcing, and global logistics, positioning the company to capture growth in the rapidly expanding $350B second‑hand fashion market while advancing sustainable apparel practices.