Deals: Fashion Site Farfetch Gathers $110M for Asia Expansion
Farfetch.com Ltd. has raised $110 million to expand its fashion e-commerce site and expand in Asia.
The Series F round was led by new investors Temasek Holdings, IDG Capital Partners and Eurazeo, with existing investor Vitruvian Partners also participating, according to a news release.
London-based Farfetch said its total transaction value grew by more than 70% in 2015 to more than $500 million.
In addition to the Series F, Farfetch also secured a $50 million growth capital loan facility with TriplePoint Venture Growth BDC in March.
Farfetch’s prior investors include Advent Venture Partners, Index Ventures, Condé Nast international, Novel TMT, e.Ventures, DST Global, Richard Chen and Felix Capital.
In March 2015, the company raised an $86 million Series E round that valued it at $1 billion.
