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Otrium Has Recently Received Funding

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Otrium Has Recently Received Funding

Postby worldgeek » Mon Jan 23, 2023 6:59 pm

BOND and Index Ventures took the initiative in the most recent round of funding. BOND also supports Canva and Nextdoor. In fact, Juliet de Baubigny, a general partner at BOND, would join the Otrium board of directors. Eight Roads Ventures also continued to participate in the financing. Otrium will be capable of expanding faster in the US, make greater progress on its technological platform, and assist more people in finding employment due to the new capital.
Amsterdambased Otrium 120m Series C Funding began in 2016. To ensure that every article of clothing is worn, it works with the fashion industry. The business accomplishes this by assisting in the sale of each already-made item. Additionally, it provides brands with the resources they need to develop product lines that are sure to be successful. Fashion houses have complete control over the pricing, merchandising, and visibility of their excess stock when they sell their end-of-season collections on Otrium. Only 12% of all clothing produced is never sold.
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Re: Otrium Has Recently Received Funding

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Re: Otrium Has Recently Received Funding

Postby zaiyamariya » Wed Jan 25, 2023 8:32 am

Congratulations to Otrium on their recent success! This is a monumental moment in their journey to become an industry leader. This new round of funding is sure to open up exciting possibilities and help estate agent Rouge River the company reach its goals faster. Here's to the continued success of Otrium!
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