Cult Mia, a London, UK based luxury fashion startup, raised $2m in seed extension funding.
Backers included H&M Group Ventures, Fuel Ventures, Morgan Stanley, and David Wertheimer.
The company, which has raised a total of $5m, intends to use the funds to expand operations and its business reach globally.
Founded by Nina Briance in 2019, Cult Mia is a luxury fashion startup focused on evening and occasionwear. The latest funding follows an expansion period for the company, with third quarter sales overcoming 200% growth in comparison with 2023.
FinSMEs
21/10/2024