Drest, an online store with headquarters in Tunisia, has received US $336,000 from 216 Capital Ventures to support its entry into the African market.
Drest is a company that sells ready-to-wear, beauty, accessories, fashion, and lifestyle products online. It was founded in 2020 by Omane and Malek Mzabi.
With the help of a recent US $336,000 fundraising round from the venture capital firm 216 Capital Ventures, Drest will be able to maintain its current level of growth and enter the African market.
“Drest is proud to announce its partnership with 216 Capital Ventures. This fundraising round will allow us to strengthen our team, our technological and logistical resources, and offer an even more optimal customer experience,” said Omane and Malek Mzabi.
“We are delighted with this fundraising round, which will allow us to continue our development and strengthen our presence in the African market. We plan to invest in technological tools, recruit experts in each field, and invest in marketing to become the Top-of-Mind brand for the general public.”