{"id":40469,"date":"2025-02-18T20:18:19","date_gmt":"2025-02-18T17:18:19","guid":{"rendered":"https:\/\/entarabi.com\/?p=40469"},"modified":"2025-02-18T20:18:19","modified_gmt":"2025-02-18T17:18:19","slug":"dabchy-announces-seven-figure-fundraising-round","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/02\/dabchy-announces-seven-figure-fundraising-round\/","title":{"rendered":"Dabchy Announces Seven-Figure Fundraising Round"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"17\" data-end=\"198\"><strong data-start=\"20\" data-end=\"80\">Dabchy secured a seven-figure Pre-Series A funding round<\/strong> led by Janngo Capital, with co-investors Renew, Village Capital, and angel investors, including InstaDeep\u2019s founders.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"199\" data-end=\"393\"><strong data-start=\"202\" data-end=\"294\">Dabchy plans to accelerate its expansion across North Africa and the Middle East by 2026<\/strong>, focusing on Egypt and introducing new categories like Dabchy Men, Home, Sports, Books, and Games.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"394\" data-end=\"584\"><strong data-start=\"397\" data-end=\"465\">Dabchy\u2019s circular e-commerce platform has over 1.3 million users<\/strong>, pioneering sustainable second-hand fashion in Tunisia and positioning itself as a regional leader in the MENA market.<\/li>\n<\/ul>\n<div class=\"flex-1 overflow-hidden @container\/thread translate-y-[2rem] -mt-[2rem] pb-[1.5rem]\">\n<div class=\"flex h-full flex-col overflow-y-auto\">\n<div class=\"flex flex-col text-sm md:pb-9\">\n<article class=\"w-full text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-259\" data-scroll-anchor=\"true\">\n<div class=\"m-auto text-base py-[18px] px-6\">\n<div class=\"mx-auto flex flex-1 text-base gap-4 md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn @xs\/thread:px-0 @sm\/thread:px-1.5 @md\/thread:px-4\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"fd27f2d2-2726-44ad-8873-e029953d5a80\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p data-start=\"199\" data-end=\"439\">Dabchy, the pioneering circular e-commerce marketplace focused on fashion and second-hand items in North Africa and the Middle East (MENA), has successfully closed its Pre-Series A funding round, raising a seven-figure amount in US dollars.<\/p>\n<p data-start=\"441\" data-end=\"801\">The round was led by <strong data-start=\"462\" data-end=\"480\">Janngo Capital<\/strong>, the largest tech venture capital fund advancing gender equality in Africa, recently backed by the Tunisian fund-of-funds <strong data-start=\"603\" data-end=\"612\">Anava<\/strong>. Co-investors included <strong data-start=\"636\" data-end=\"645\">Renew<\/strong> and <strong data-start=\"650\" data-end=\"669\">Village Capital<\/strong>, two US-based funds, alongside prominent business angels, notably the <strong data-start=\"740\" data-end=\"765\">founders of InstaDeep<\/strong>, one of Tunisia\u2019s leading startups.<\/p>\n<h2 data-start=\"803\" data-end=\"860\"><span style=\"font-size: 14pt;\">Supporting Sustainable Fashion and Female Empowerment<\/span><\/h2>\n<p data-start=\"862\" data-end=\"982\"><strong data-start=\"862\" data-end=\"925\">Fatoumata B\u00e2, Founder and Executive Chair of Janngo Capital<\/strong>, emphasized the strategic importance of this investment:<\/p>\n<blockquote data-start=\"984\" data-end=\"1503\">\n<p data-start=\"986\" data-end=\"1503\">\u201cThe apparel sector represents approximately 20% of Tunisia\u2019s GDP, and 80% of the jobs created benefit women, both in Tunis and in rural regions. Dabchy is a true pioneer in driving the sustainable transformation of the apparel industry, enabling growth while enhancing economic, social, and environmental impact. This is why we are particularly proud to lead this funding round, helping Dabchy strengthen its leadership position in the circular economy in Tunisia and accelerate its expansion into Egypt and beyond.\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"1505\" data-end=\"1559\"><span style=\"font-size: 14pt;\">Dabchy\u2019s Rapid Growth and Regional Expansion Plans<\/span><\/h2>\n<p data-start=\"1561\" data-end=\"1912\">Founded in <strong data-start=\"1572\" data-end=\"1591\">2016 in Tunisia<\/strong>, Dabchy is a first-mover in the region\u2019s second-hand fashion market. The platform currently serves <strong data-start=\"1691\" data-end=\"1712\">1.3 million users<\/strong>, representing over <strong data-start=\"1732\" data-end=\"1763\">10% of Tunisia\u2019s population<\/strong>, and has already expanded to <strong data-start=\"1793\" data-end=\"1802\">Egypt<\/strong>. With this funding, Dabchy aims to accelerate its growth across <strong data-start=\"1867\" data-end=\"1911\">North Africa and the Middle East by 2026<\/strong>.<\/p>\n<p data-start=\"1914\" data-end=\"2177\">Recognizing the increasing demand for second-hand fashion in Africa\u2014where <strong data-start=\"1988\" data-end=\"2030\">80% of clothing and footwear purchases<\/strong> are from the second-hand market\u2014Dabchy is positioning itself as a key player in providing a high-quality and trusted digital thrifting experience.<\/p>\n<p data-start=\"2179\" data-end=\"2270\">The company has recently expanded its platform by adding several new categories, including:<\/p>\n<ul data-start=\"2272\" data-end=\"2506\">\n<li data-start=\"2272\" data-end=\"2329\"><strong data-start=\"2274\" data-end=\"2288\">Dabchy Men<\/strong> \u2013 A dedicated section for men\u2019s fashion.<\/li>\n<li data-start=\"2330\" data-end=\"2374\"><strong data-start=\"2332\" data-end=\"2340\">Home<\/strong> \u2013 Household goods and home decor.<\/li>\n<li data-start=\"2375\" data-end=\"2420\"><strong data-start=\"2377\" data-end=\"2387\">Sports<\/strong> \u2013 Sporting goods and activewear.<\/li>\n<li data-start=\"2421\" data-end=\"2463\"><strong data-start=\"2423\" data-end=\"2432\">Books<\/strong> \u2013 Books and reading materials.<\/li>\n<li data-start=\"2464\" data-end=\"2506\"><strong data-start=\"2466\" data-end=\"2475\">Games<\/strong> \u2013 Video games and board games.<\/li>\n<\/ul>\n<h2 data-start=\"2508\" data-end=\"2552\"><span style=\"font-size: 14pt;\">Investor Confidence and Strategic Growth<\/span><\/h2>\n<p data-start=\"2554\" data-end=\"2653\"><strong data-start=\"2554\" data-end=\"2602\">Ameni Mansouri, CEO and Co-Founder of Dabchy<\/strong>, expressed her excitement about the funding round:<\/p>\n<blockquote data-start=\"2655\" data-end=\"2984\">\n<p data-start=\"2657\" data-end=\"2984\">\u201cWe are delighted by the confidence our investors have placed in us. This funding will help us accelerate our growth, improve the user experience, and strengthen our presence in North Africa and the Middle East. Our mission is clear: to revolutionize circular e-commerce by combining sustainability with financial performance.\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"2986\" data-end=\"3029\"><span style=\"font-size: 14pt;\">Supporting Innovation in Resale Fashion<\/span><\/h2>\n<p data-start=\"3031\" data-end=\"3198\">Investors praised Dabchy\u2019s early success and its potential to dominate the circular e-commerce sector in the region. <strong data-start=\"3148\" data-end=\"3165\">Ashley Maddox<\/strong>, an investor in the round, said:<\/p>\n<blockquote data-start=\"3200\" data-end=\"3590\">\n<p data-start=\"3202\" data-end=\"3590\">\u201cDabchy is making second-hand fashion seamless, digital, and enjoyable. Its early success proves that consumers are seeking smarter and simpler ways to shop. At the heart of this success is Ameni Mansouri, a visionary and dynamic founder who is transforming the way women and men shop for their favorite clothes. I have no doubt that Dabchy will conquer North Africa and the Middle East.\u201d<\/p>\n<\/blockquote>\n<h2 data-start=\"3592\" data-end=\"3659\"><span style=\"font-size: 14pt;\">Future Focus: Logistics, User Experience, and Market Leadership<\/span><\/h2>\n<p data-start=\"3661\" data-end=\"3994\">The fresh capital injection will allow Dabchy to <strong data-start=\"3710\" data-end=\"3747\">accelerate its regional expansion<\/strong>, <strong data-start=\"3749\" data-end=\"3783\">improve logistics capabilities<\/strong>, <strong data-start=\"3785\" data-end=\"3816\">diversify product offerings<\/strong>, and <strong data-start=\"3822\" data-end=\"3861\">enhance its overall user experience<\/strong>. These improvements will strengthen Dabchy\u2019s position as the leading platform in the growing circular e-commerce sector across MENA.<\/p>\n<p data-start=\"3996\" data-end=\"4197\">Dabchy\u2019s business model, inspired by platforms like <strong data-start=\"4048\" data-end=\"4058\">Vinted<\/strong>, aligns perfectly with global sustainability trends and is driving increasing interest from both traditional and impact-focused investors.<\/p>\n<p data-start=\"4199\" data-end=\"4455\" data-is-last-node=\"\">This Pre-Series A round marks <strong data-start=\"4229\" data-end=\"4250\">a major milestone<\/strong> for Dabchy as it looks to scale its operations further and <strong data-start=\"4310\" data-end=\"4360\">become the regional leader in circular fashion<\/strong>\u2014delivering both <strong data-start=\"4377\" data-end=\"4421\">sustainable impact and financial success<\/strong> to consumers and investors alike.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mb-2 flex gap-3 empty:hidden -ml-2\">\n<div class=\"items-center justify-start rounded-xl p-1 flex\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"md:pt-0 dark:border-white\/20 md:border-transparent md:dark:border-transparent w-full isolate has-[[data-has-thread-error]]:[box-shadow:var(--sharp-edge-bottom-shadow)] has-[[data-has-thread-error]]:pt-2\">\n<div>\n<div class=\"m-auto text-base px-3 md:px-4 w-full md:px-5 lg:px-4 xl:px-5\">\n<div class=\"mx-auto flex flex-1 text-base gap-4 md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<form class=\"w-full\" aria-haspopup=\"dialog\" aria-expanded=\"false\" aria-controls=\"radix-:R7j4ukqaklj5:\" data-state=\"closed\">\n<div class=\"relative z-[1] flex h-full max-w-full flex-1 flex-col\">\n<div class=\"group relative z-[1] flex w-full items-center\">\n<div class=\"w-full\">\n<div id=\"composer-background\" class=\"flex w-full cursor-text flex-col rounded-3xl border border-token-border-light px-3 py-1 duration-150 ease-in-out contain-inline-size motion-safe:transition-[color,background-color,border-color,text-decoration-color,fill,stroke,box-shadow] dark:border-none dark:shadow-none shadow-[0_9px_9px_0px_rgba(0,0,0,0.01),_0_2px_5px_0px_rgba(0,0,0,0.06)] has-[:focus]:shadow-[0_2px_12px_0px_rgba(0,0,0,0.04),_0_9px_9px_0px_rgba(0,0,0,0.01),_0_2px_5px_0px_rgba(0,0,0,0.06)] bg-token-main-surface-primary dark:bg-[#303030]\">\n<div class=\"flex min-h-[44px] items-start pl-1\">\n<div class=\"min-w-0 max-w-full flex-1\">\n<div class=\"_prosemirror-parent_1r7mb_1 text-token-text-primary max-h-[25dvh] max-h-52 overflow-auto default-browser\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/form>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dabchy secured a seven-figure Pre-Series A funding round led by Janngo Capital, with co-investors Renew, Village Capital, and angel investors, including InstaDeep\u2019s founders. Dabchy plans to accelerate its expansion across North Africa and the Middle East by 2026, focusing on Egypt and introducing new categories like Dabchy Men, Home, Sports, Books, and Games. Dabchy\u2019s circular [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":40470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7260,7258,7259],"class_list":["post-40469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-anava","tag-dabchy","tag-janngo-capital"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=40469"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/40470"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=40469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=40469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=40469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}