B2B Marketplace The Folklore Secures USD 3.4 M Seed Funding
- The Folklore secures USD 3.4 million in seed funding.
- The funding round was led by Benchstrength and included existing investors.
- The startup offers services such as loans for working capital and a labor marketplace for brands.
The funding secured by The Folklore will provide a significant boost to their business-to-business marketplace for fashion brands from emerging markets. With the additional capital, they can further develop their services and expand their reach, facilitating economic opportunities for African fashion designers and other emerging brands.
