- Dabchy secured pre-Series A funding led by Janngo Capital and angel investors to fuel expansion into Egypt and beyond.
- The startup aims to enhance its platform, optimize logistics, and improve user experience to boost its growing community.
- Dabchy’s model supports sustainable fashion by promoting the circular economy in the Middle East and North Africa.
Tunisia-based peer-to-peer fashion marketplace Dabchy has successfully secured a pre-Series A funding round to fuel its expansion and enhance its platform. The investment, led by Janngo Capital and angel investors, aims to accelerate the company’s growth into new markets, including Egypt, while broadening its product offerings and improving user experience.
A Step Forward for Sustainable Fashion in MENA
Dabchy, founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, operates as an e-commerce marketplace for second-hand fashion. The platform allows buyers and sellers to connect seamlessly through an integrated delivery and payment system, making pre-owned fashion more accessible and sustainable.
With growing concerns over the environmental impact of fast fashion, Dabchy’s model promotes a circular economy by encouraging users to buy and sell pre-loved clothing. The fresh injection of capital will help the company scale its operations and expand its footprint across North Africa and the Middle East.
The Investors and Their Vision
Janngo Capital, a leading Africa-focused venture capital firm, spearheaded this funding round. The firm’s founder and executive chair, Fatoumata Bâ, emphasized the importance of investing in businesses that drive digital and economic inclusion, particularly in the fashion resale industry.
Angel investors, including Karim Beguir, the founder of InstaDeep, also participated in the round, showing confidence in Dabchy’s potential to revolutionize second-hand fashion in the region.
Expansion into Egypt and Beyond
Dabchy’s CEO and co-founder, Ameni Mansouri, highlighted that the funding would be instrumental in supporting the company’s next phase of growth. The startup plans to enter Egypt, a significant step that will expose it to a larger audience and increase demand for second-hand fashion.
“Expanding into Egypt aligns with our vision of making sustainable fashion more mainstream across the region. This funding will allow us to enhance our platform, improve user experience, and grow our community,” said Mansouri.
Enhancing User Experience and Product Offerings
Apart from geographic expansion, Dabchy aims to use the investment to refine its platform and introduce new features that will improve the buying and selling experience. With an increasing user base, the startup is committed to making second-hand fashion transactions more seamless, secure, and enjoyable.
By optimizing logistics, payments, and seller-buyer interactions, Dabchy hopes to solidify its position as a go-to marketplace for sustainable fashion in the Middle East and North Africa (MENA) region.
A Promising Future for Circular Fashion
Dabchy’s journey reflects a broader trend in the global fashion industry, where consumers are shifting towards more sustainable choices. As awareness around fast fashion’s environmental consequences grows, second-hand marketplaces like Dabchy are gaining momentum.
With this latest round of funding, Dabchy is well-positioned to expand, innovate, and drive meaningful change in the fashion resale industry. As the startup continues to grow, it is set to play a crucial role in shaping the future of circular fashion in the MENA region.
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