Tunisia-based Dabchy surpasses $1 million in pre-Series A funding, aiming to expand its platform for second-hand fashion
Dabchy Secures Significant Funding to Expand Circular Fashion Marketplace
Dabchy, a Tunisia-based circular fashion marketplace, has raised funds in a pre-Series A round led by Janngo Capital. Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, the platform specializes in peer-to-peer e-commerce for second-hand fashion, promoting sustainability through circular fashion principles.
The seven-figure funding round, which also saw participation from Renew Capital, Village Capital, and angel investors including InstaDeep's founder Karim Beguir, is among the largest publicly disclosed tech financing rounds in Tunisia. This investment marks a significant milestone in the North African fashion tech ecosystem, highlighting Dabchy as a standout venture in a region where many venture-backed fashion startups face challenges.
With the new funds, Dabchy plans to expand across the Middle East & North Africa by 2026, with a focus on the Egyptian market. The investment will also be used to improve logistics capabilities and enhance the overall user experience. In addition to its second-hand fashion offerings, Dabchy has recently expanded its product range to include new categories like men's fashion, home goods, sports equipment, books, and games.
Ameni Mansouri, CEO and co-founder of Dabchy, stated that the funding will help accelerate growth, improve user experience, and strengthen the company's presence in North Africa and the Middle East. Fatoumata Bâ, Founder and Executive Chair of Janngo Capital, commented that Dabchy is a pioneer in driving the sustainable transformation of the apparel industry.
Currently, Dabchy serves more than 1.3 million users across Tunisia and Egypt, representing over 10% of Tunisia's population. The company's focus on sustainability and circularity aligns with growing regional and global interest in green entrepreneurship led by founders like Ameni Mansouri. As Dabchy continues to grow and evolve, it will undoubtedly play a key role in promoting sustainable fashion practices in the region.
Technology will be utilized to enhance the overall user experience and improve logistics capabilities for Dabchy, a company that specializes in peer-to-peer e-commerce for second-hand fashion and aims to drive the sustainable transformation of the apparel industry. This investment is among the largest tech financing rounds in Tunisia, demonstrating the potential of technology to support and grow sustainable businesses.
