SwatchOn Raises $10M in Funding

SwatchOn

Funding of $10M was raised by SwatchOn, a Seoul-based supplier of a wholesale fashion fabric aggregator.

The round was led by Pavilion Capital, Kakao Ventures, and TBT Partners.

The funds will be used by the company to fund new initiatives, with a particular focus on digital fashion.

Led by CEO Will Lee, SwatchOn is a fashion technology platform that connects the South Korean textile industry to brands around the globe. The company has streamlined the fabric supply chain, allowing designers to search and access over 200,000 textiles from 750 different suppliers – on its free, members-only website, SwatchOn.com.

SwatchOn’s upcoming roadmap is set to include soon-to-be-announced initiatives in digital fashion, metaverse wearables, NFTs, digital fabric, AR, virtual experiences, and more.

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