Egypt’s Fashion Marketplace TFK Closes USD 2.6 Mn Seed Round

Egypt-based fashion marketplace The Fashion Kingdom (TFK), has raised a USD 2.6 Mn seed funding round, co-led by CVentures and A15, with participation from existing investors such as Paul Antaki and Nasser Chourbagi. New participating investors include Lotus Capital, Africa-focused investors Raba Capital, Sunny Side Venture Partners, Foundation Ventures, and The Cairo Angels.

 TFK aims to help local fashion entrepreneurs and brand owners sell online, and provide customers with an affordable and convenient shopping experience. The startup plans to use the investment to accelerate its growth, build scalable technology and grow the team.