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Castore Raises £145 Million in Funding Round

Castore raises 145 million pounds in funding round. — Castore raises £145 million in funding round. (Castore)

Yola Mzizi

30 November 2023

The activewear label announced that it secured growth investment in a funding round led by Raine Partners, the equity arm of investment firm The Raine Group. The brand also counts Hanaco Ventures and Felix Capital as investors.

The investment will support Castore’s functional capabilities and infrastructure systems to further build out the company’s supply chain.

The label was founded in 2016 in Bebington, England, a small town near Liverpool. In the last seven years, Castore has partnered with elite football, rugby and cricket teams to manufacture their apparel and has been seen on high-profile figures including Hailey Bieber and Gigi Hadid.

Learn more:

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About the author

Yola Mzizi

Yola Mzizi is the Editorial Apprentice at The Business of Fashion (BoF). She is based in New York and provides operational support to the New York team and writes features for BoF and The Business of Beauty.

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Retail:Activewear

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