Dôen has raised a growth equity Series A round led by venture firm Silas Capital, the company announced on Tuesday. The financial terms were not disclosed. Dôen’s new funding will go toward retail expansion, operational infrastructure and marketing. The capital infusion marks the first significant backing for the brand, which projects this year’s sales to reach more than $100 million in revenue.
Dôen Raises Series A Funding Led by Silas Capital [Business of Fashion]
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