News Snapshot:
The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. The luxury fashion resale market is one of them in Asia. Kream, a reselling platform that buys, sells and trades luxury goods like handbags, clothing, accessories, said it has completed $168 million (220.6 billion won) in Series C funding at a valuation of approximately $742 million (970 billion won), up from $306 million (400 billion won) in October 2021 when it raised a $78 million (100 billion won) Series B round. Altos Ventures, a returning backer, led Kream’s latest funding...
