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Estonian Clothing Reseller And Circular Fashion Advocate Upty Closes Pre-Seed Investment Round

Mar 07, 2022•over 3 years ago

Round Type

pre-seed

TallinnConsumer GoodsHealth CareCommerce And Shopping

Description

UPTY is the first company in Estonia where users can restore value to the clothing they no longer use. The company was created in 2020 with its main goal being to reduce consumption and the impact of fast fashion on the environment. UPTY has just completed its pre-seed funding round and has raised €650,000 and started a new round of investment with a target of €3M to help the company expand internationally and bring UPTY's great offering to the rest of the world.

Company Information

Company

Upty

Location

Tallinn, Harju Maakond, Estonia

About

The Estonian clothing reseller company was created in 2020 with its main goal being to reduce consumption and the impact of fast fashion on the environment. UPTY plans to expand out of fashion on the future and "circulate" as many things as possible all over the world. UPTY currently operates in Estonia, Latvia, Lithuania and Finland. This year, UPTY has started to enter German market and has further expansion plans for 2022-2023 in France, Italy, Spain, Poland, Czech Republic, Netherlands, Sweden and Norway. http://upty.ee Logo - https://mma.prnewswire.com/media/1760079/UPTY_Logo.jpg SOURCE UPTY