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Fabric raises 100 million dollars in new funding round

3 days ago   |   By Fashion United

E-commerce startup Fabric has raised 100 million dollars in its latest funding round. Fabric specializes in platform development and has garnered a lot of attention since the COVID-19 pandemic as companies looked to expand their digital platforms. The news of Fabric's fundraising round was reported by Bloomberg.
Fabric's latest fundraising round was led by New York-based private equity firm Stripes. New investors included B Capital Group and Greycroft. After this latest funding round Fabric's valuation is now 850 million dollars.
That's an increase from its valuation of 193 million...
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