Fleek

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 mentioned
• Key Entities: Target: Fleek; Lead Investor: Burda Principal Investments; Participating Investors: eBay, FJ Labs, H14, Andreessen Horowitz, HV Capital, Y Combinator
• Location: 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.