Tech Company Financing Transactions
KREAM Funding Round
On 3/23/2023, KREAM announced $168 million in Series C investment from Altos Ventures, Axiom Asia Private Capital and Mirae Asset Capital.
Transaction Overview
Company Name
Announced On
3/23/2023
Transaction Type
Venture Equity
Amount
$168,000,000
Round
Series C
Investors
Proceeds Purpose
The company will use the Series C funds to make more investments, mainly in Asia, chief business officer (CBO) Mingook Kim told TechCrunch, in line with its long-term goal of strategically connecting Asia-based reselling platforms so that its users can leverage Kream and its C2C resale affiliates to buy and sell luxury items.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Pangyo Tech One Tower 1, 8th floor 131, Bundangnaegok-ro, Se
Gyeonggi-do,, Undisclosed
KR
Gyeonggi-do,, Undisclosed
KR
Phone
Website
Email Address
Overview
KREAM is an online C2C trading platform for limited-edition designer sneakers. It offers clothes, watches, electronic gadgets, and more from luxury brands on its platform. The company was founded in 2021 and is based in Seongnam, South Korea.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
First Last
Browse more venture capital transactions:
Prev: 3/23/2023: Character.AI venture capital transaction
Next: 3/23/2023: Britive venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs