Browzwear, a provider of 3D digital solutions extensively used in the knitting industry, has obtained a new round of funding that will allow it to accelerate platform development and global expansion.
Radian Capital, a growth equity company located in Singapore, has today announced the completion of a US$ 35 million fundraising round for the Singapore-based firm.
Radian claims it invested in Browzwear because of its current leading position and track record of development.
Browzwear says its end-to-end digital product creation for the apparel industry has seen a 40 per cent year-over-year growth over the last five years. The additional capital from Radian will enable it to build on those advantages and deliver on its goal to more than double the size of the business over the next two years. To support this accelerated growth, Browzwear intends to triple its global workforce with an aggressive recruitment drive which will seek new talent across areas.
