SwatchOn Raises $10M in Funding
- SwatchOn, a Seoul, South Korea-based provider of a sourcing wholesale fashion fabric aggregator, raised $10M in funding
- The round was led by Pavilion Capital, Kakao Ventures, and TBT Partners
- The company intends to use the funds to develop new initiatives, specifically with a focus on digital fashion
- The company is a fashion technology platform that connects the South Korean textile industry to brands around the globe
- The company’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