Browzwear, a 3D digital solution provider aimed at the fashion industry, has raised $35 million in a funding round.
The start-up said it will use the capital for platform development and market expansion and aims to double the size of its business over the next two years.
The round was led by growth equity firm Radian Capital.
Browzwear, founded in 2012 in Singapore, claims it has experienced 40 per cent year-on-year growth over the last five years.
The company claims to work with more than 650 organisations such as Columbia Sportswear, PVH Group, and VF Corporation.
“We look to partner with market leaders that have been able to build strong, healthy businesses on their own terms,“ said Weston Gaddy, co-founder and partner at Radian Capital. ”A 20-year overnight success story, Browzwear invented the use of 3D design for apparel and is increasingly being adopted as the design system of record by the largest brands and manufacturers in the industry.”
He said: “The company has done something incredible in getting to that position without outside funding and with impressive, profitable growth.”
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