DressX, a revolutionary fashion tech company, is transforming the way we perceive and consume fashion has successfully raised $15 million in a Series A funding round led by European crypto investment firm Greenfield Capital. Other participants in the round included Slow Ventures, Warner Music Group, The Artemis Fund, and Red Dao.

Launched in August 2020, DressX has quickly become a platform for digital-only fashion clothes, offering more than 3,500 digital items in its library on both its website and app. By selling digital clothing and accessories designed by DressX and external brands, the company aims to reduce the excessive production of physical clothing and promote sustainability in the fashion industry.

The funds raised will be used to improve the DressX app and its non-fungible-token (NFT) marketplace, ensuring interoperability of its digital pieces and partnering with other virtual platforms, social media, and gaming. Since its launch in August 2020, DressX has become a platform for digital-only fashion clothes, with more than 3,500 digital items available in its library on the website and app. The company has also partnered with leading tech, fashion, and lifestyle companies such as Meta, Roblox, Snapchat, Google, Coca-Cola, and Farfetch.