Dabchy, a Tunisia-based circular fashion marketplace, has raised a seven-figure USD pre-Series A round, led by Janngo Capital with participation from US-based Renew Capital, Village Capital, and angel investors, including InstaDeep founder Karim Beguir. The platform, which has over 1.3 million users in Tunisia and Egypt, connects buyers and sellers of second-hand fashion and has recently expanded to include categories such as men’s fashion, home goods, sports equipment, books, and games.
Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy aims to accelerate its growth and expand across the Middle East and North Africa (MENA), with a special focus on Egypt. The funding will help enhance Dabchy’s logistics and overall user experience, strengthening its position as a leader in the circular fashion market.
Ameni Mansouri, CEO and co-founder of Dabchy, emphasized that the funding would support the company’s mission to combine sustainability with financial performance, revolutionizing circular e-commerce. Fatoumata Bâ, Founder of Janngo Capital, highlighted the impact of Dabchy on Tunisia’s apparel sector, contributing to economic, social, and environmental benefits.
Dabchy draws inspiration from platforms like Vinted and is positioned to tap into Africa’s significant second-hand market, where 80% of clothing and footwear purchases are sourced from second-hand products. The company’s efforts reflect a growing trend toward sustainable fashion in the MENA region.
