Tunisian circular fashion marketplace Dabchy has raised a seven-figure USD pre-Series A round of funding led by Janngo Capital, with participation from Renew Capital, Village Capital, and angel investors including Karim Beguir, the founder of InstaDeep. While the exact amount was not disclosed, the funding marks a significant milestone for the growing secondhand fashion platform.
Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy has built a community of more than 1.3 million users across Tunisia and Egypt, and currently serves more than 10 percent of the Tunisian population. In addition to fashion, the platform has recently expanded into new categories such as men’s apparel, home goods, sports equipment, books and games.
The fresh capital will fuel Dabchy’s ambitious expansion across the Middle East and North Africa (MENA) by 2026. The company will focus on capturing more of the Egyptian market. The company also plans to enhance its logistics capabilities and user experience.
Dabchy’s mission to revolutionize circular e-commerce by combining sustainability with financial performance was highlighted by Ameni Mansouri, CEO and co-founder of Dabchy. Janngo Capital’s Fatoumata Bâ highlighted Dabchy’s role in the transformation of Tunisia’s apparel sector, which accounts for around 20% of the country’s GDP and supports employment, especially for women.
Inspired by platforms like Vinted, and signaling a growing regional shift towards more sustainable consumption, Dabchy is strategically positioning itself to capitalize on Africa’s thriving secondhand market, where 80% of clothing and footwear purchases are used. With this new funding, Dabchy aims to solidify its leadership in circular fashion and drive both economic and environmental impact across the region.
TunisianMonitorOnline (NejiMed)
