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Reading: Vietnamese Menswear Startup Coolmate Scores $6M in Series B Funding
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Fashion

Vietnamese Menswear Startup Coolmate Scores $6M in Series B Funding

Rary Maharani
Last updated: November 4, 2024 12:28 am
Rary Maharani
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1 Min Read
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  • Coolmate raises $6M
  • Vietnamese menswear startup disrupts fashion
  • Sustainable, tech-driven brand expands regionally

Contents
Fashion Tech Darling Levels UpGreen Threads Meet Smart StrategyBeyond Clothing — A Mission Driven Approach

Fashion Tech Darling Levels Up

Coolmate, a Vietnamese direct-to-consumer men’s apparel brand, secured $6 million in Series B funding from Vertex Ventures Southeast Asia & India.

The investment signals significant growth for the three-year-old company positioning itself at the intersection of fashion, technology, and sustainability.

Green Threads Meet Smart Strategy

The funding will propel Coolmate’s expansion across Southeast Asia, driving product innovation and omnichannel retail presence. Leveraging local manufacturing and eco-friendly practices, the brand has quickly become a favorite among Vietnamese consumers by offering high-quality, affordable apparel through an online-first model.

Beyond Clothing — A Mission Driven Approach

Targeting the $6.4 billion domestic apparel market, Coolmate differentiates itself through a unique 60-day return policy and commitment to sustainability.

CEO Pham Chi Nhu emphasized the company’s dedication to reducing environmental impact by utilizing organic cotton, recycled fibers, and clean dye technology.

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