About Fashion Tech sector in London, United Kingdom
The Fashion Tech sector in London, United Kingdom comprises 1.7K companies, including 305 funded companies having collectively raised $4.32B in venture capital money and private equity. Out of these, 99 are Series A+ funded, and 2 have achieved unicorn status.
Fashion Tech sector in London, United Kingdom has seen 42 acquisitions and 8 IPOs.
This sector includes companies engaged in the commerce, services, discovery, content, rentals, and second-hand commerce related to fashion through an online first channel. Companies providing tech solutions related to fashion for enterprises, online communities of fashion enthusiasts, innovative solutions and products for fashion industry are also included in the scope of the feed.
Fashion Tech sector is also known as Online Fashion Products, E-Fashion or Fashion eCommerce.
Includes all eCommerce companies involved in selling and buying of fashion products which by definition includes apparel, footwear, jewelry, bags, watches, eye wear and other accessories, fashion discovery companies, fashion services startups catering to business and consumers, content platforms around fashion, social networks for fashion, enablers providing technology solutions across the value chain of fashion companies. Excludes offline first fashion retailers and brands.
Also excludes manufacturing facilities providers, and offline design studios.
Top Fashion Tech Companies in London, United Kingdom
There are 1,695 Fashion Tech startups in London, United Kingdom which include Farfetch, Depop, Lyst, Castore, Monica Vinader. Out of these, 305 startups are funded, with 99 having secured Series A+ funding, and 2 achieving unicorn status.
2026 has seen the creation of 4 Fashion Tech startups in London, United Kingdom. Over the past 10 years, an average of 85 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, Imperial College London and University of Oxford.
Here is the list of top Fashion Tech startups in London, United Kingdom
1. Farfetch
Online retailer offering multi-category fashion products. The product catalog includes apparel, handbags, shoes, watches, jewelry, backpacks, belts, and more for men, women, and kids. In addition, the company also offers pre-owned fashion products. Its mobile application is available for Android and iOS platforms.
Key facts about Farfetch
- Founded Year: 2007
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $709M
- Investors: Headline, Advent Life Sciences and 30 Others
- Latest Funding Round: Post IPO, Apr 27, 2020, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 85 Competitors
2. Depop
App-based marketplace platform offering pre-owned multi-category fashion products. The product catalog includes apparel like dresses, bottom wear, outerwear, lingerie, footwear, and accessories like jewelry, handbags, and more. It also allows sellers to upload mobile images and details of items where shoppers can follow sellers, like and comment on items and chat directly with sellers before they buy a product. The mobile application is available for Andriod and iOs users.
Key facts about Depop
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $100M
- Investors: Balderton Capital, HV Capital and 19 Others
- Latest Funding Round: Series C, Jun 07, 2019, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 154 Competitors
3. Lyst
Online aggregator of multi-category fashion products. It is a social curation platform for fashion where users can create a customized shopping feed of products from their favorite designers and stores of apparel and accessories like jewelry, bags, footwear, and more. The mobile application is available for Android and iOS users.
Key facts about Lyst
- Founded Year: 2010
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $206M
- Investors: Arnault Group, Novator Partners and 56 Others
- Latest Funding Round: Series E, May 12, 2021, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 44 Competitors
4. Castore
Internet-first brand of sportswear for men and women. It provides users with a catalogue that includes jackets, tops, shirts, trousers, jackets, hoodies, and accessories. In addition, the company also offers sportswear for golf, tennis, and badminton.
Key facts about Castore
- Founded Year: 2016
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $197M
- Investors: The Raine Group, BNP Paribas and 21 Others
- Latest Funding Round: Conventional Debt, May 05, 2026, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 5 of 230 Competitors
Monica Vinader is an internet-first brand of affordable luxury jewelry. They retail pre-designed jewelry and also allows users to add personalization elements to the design through custom engravings (bracelets), custom stack (rings) and custom designs (necklaces) using the online customization platform. The company started off selling exclusively through its website and in 2010 launched its flagship store in London. The brand boasts of many high profile customers like The Duchess of Cambridge, Kate Winslet, and Alicia Vikander.
Key facts about Monica Vinader
- Founded Year: 2002
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $32.8M
- Investors: ProVen VCT, Bridgepoint Group and 17 Others
- Latest Funding Round: Series C, Mar 15, 2023, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 125 Competitors
Companies founded year-on-year in the Fashion Tech sector in London
4 new startups have been founded so far in 2026 in the Fashion Tech sector in London. 155 Fashion Tech startups in London were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 3 |
2024 | 21 |
2023 | 54 |
2022 | 63 |
2021 | 133 |
2020 | 154 |
2019 | 145 |
2018 | 155 |
2017 | 119 |
Stage-wise distribution of Fashion Tech sector companies in London
Out of the total 1,695 Fashion Tech companies in London, 305 have secured funding. Among them, 99 have reached Series A or higher, and 68 to Series B or beyond.
Founded - 1,695
Funded - 305
Series A+ - 99
Series B+ - 68
Series C+ - 60
Company Stage | No. of companies |
|---|---|
Founded | 1,695 |
Funded | 305 |
Series A+ | 99 |
Series B+ | 68 |
Series C+ | 60 |
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Funding Trends in the Fashion Tech sector in London
Total funding year-on-year in the Fashion Tech sector in London
The Fashion Tech sector in London saw a total funding of more than $3.49B in the last 10 years. The most amount of funding was in 2020 at more than $929M. There has been a total funding of $132M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $132M |
2025 | $41.9M |
2024 | $135M |
2023 | $498M |
2022 | $353M |
2021 | $170M |
2020 | $929M |
2019 | $494M |
2018 | $150M |
2017 | $588M |
Recent Funding Rounds in Fashion Tech in London
In the year 2026, till July 2026, Fashion Tech companies in London have raised $7.71M in equity funding across 2 rounds.
In the same period last year (i.e. till July 2025), Fashion Tech companies in London had raised $35M across 8 rounds.
So, 2026 has seen a 77.99% drop in funding in Fashion Tech companies in London as compared to 2025.
Here are some recent, important funding rounds in Fashion Tech companies in London:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6755 | Jul 07, 2026 | - | |
Seed | 2697 | Feb 07, 2026 | - | |
Angel | 1923 | Nov 08, 2025 | ||
Seed | 6752 | Sep 29, 2025 | ||
Seed | 4132 | Jul 16, 2025 | - |
Top Investors in Fashion Tech in London
Accel is the top investor in Fashion Tech companies in London based on number of companies invested.
Here are some top investors in Fashion Tech companies in London:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Menlo Park (United States) | - | |
Menlo Park (United States) | - | |
London (United Kingdom) | ||
Cambridge (United States) | - |
M&A activity in Fashion Tech sector in London
In the year 2026, till February 2026, 1 acquisition happened in Fashion Tech sector in London. Last year, in 2025, a total of 3 acquisitions happened in Fashion Tech sector in London.
Here are some recent, important acquisitions in Fashion Tech sector in London:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 19, 2026 | ||
Business Acquisition | Nov 12, 2025 | - | |
Business Acquisition | Apr 09, 2025 | ||
Business Acquisition | Jan 23, 2025 | ||
Business Acquisition | Nov 19, 2024 |
Acquisition trends in Fashion Tech sector in London
Here are the acquisition trends in Fashion Tech sector in London:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 3 |
2024 | 7 |
2023 | 4 |
2022 | 2 |
2021 | 3 |
2020 | 3 |
2019 | 3 |
2018 | 4 |
2017 | 2 |
IPOs in Fashion Tech in London
In the year 2024, till February 2024, 1 IPO happened in Fashion Tech sector in London.
Here are some recent, important IPOs in Fashion Tech sector in London:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Feb 08, 2024 | American Stock Exchange (NYSEAMERICAN) | |
Sep 21, 2018 | New York Stock Exchange (NYSE) | |
Mar 14, 2014 | London Stock Exchange (LSE) |
Colleges which produce the most Fashion Tech companies in London
Companies founded by alumni from top colleges in the Fashion Tech in London
Most number of Fashion Tech startups in London have been founded by alumni from University of Cambridge, Imperial College London and University of Oxford.
College | No. of companies |
|---|---|
University of Cambridge | 15 |
Imperial College London | 12 |
University of Oxford | 11 |
INSEAD | 5 |
King’s College London | 5 |
London School of Economics and Political Science | 5 |
University College London | 5 |
University of Warwick | 5 |
Stanford University | 4 |
Bocconi University | 3 |
Total funding in Fashion Tech companies founded by alumni from top colleges in London
In the last 10 years, University of Cambridge graduates' Fashion Tech companies in London have raised the most funding among top colleges. University of Oxford alumni are second, and Stanford University alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $295M |
University of Oxford | $38.7M |
Stanford University | $19.7M |
IIT Kharagpur | $18.9M |
INSEAD | $18.3M |
Imperial College London | $15.8M |
London Business School (LBS) | $14.8M |
Stanford Business School | $13.2M |
Cornell University | $10.1M |
Harvard Business School | $7.52M |
Top News in Fashion Tech in London
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Farfetch Launches Exclusive Livestream Service for Private ClientsFashion Network•May 26, 2026•Farfetch
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Depop links with Euphoria to curate character-inspired editsFashion Network•Apr 15, 2026•Depop, Etsy, eBay, UBS
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Beach brand Orlebar Brown to open at Hotel La Palma, CapriFashion Network•Apr 08, 2026•Orlebar Brown
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Depop Touts Ability to Support Consumer Incomes with ‘Depoponomics’ CampaignMarketingDive•Feb 19, 2026•Depop
