Wool and the Gang Raises $2.8M in Funding

Wool and the Gang, a London, UK-based global handcrafted and knitted fashion brand, raised $2.8m in funding.

The round was led by Index Ventures and Wellington Partners, with participation from MMC Ventures and a number of other tech investors.

The company intends to use the funds to develop his new Gang Collection™ and marketplace, as well as to expand its existing markets in the U.S., UK, Europe and Japan.

Co-founded in 2008 by Central Saint Martins textile design graduates Jade Harwood and Aurelie Popper and led by Lisa Rodwell, CEO, Wool and the Gang is a global fashion brand that handcrafts or knits  each item via a team of artisans and makers around the world.

The company has also launched The Gang Collection™, a collection made and customized by a community of makers which initially features two different handbag styles and sold on Wool and The Gang’s marketplace.

Wool and the Gang’s development, designers and warehouses are located in Dalston, East London.

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