Tuesday, July 29, 2025

Sources: Quince, a DTC luxury brand that is viral on Instagram and TikTok, raised ~$200M led by Iconiq at a $4.5B valuation, after raising $120M in January 2025 (Bloomberg)

Bloomberg:
Sources: Quince, a DTC luxury brand that is viral on Instagram and TikTok, raised ~$200M led by Iconiq at a $4.5B valuation, after raising $120M in January 2025  —  Investment firm Iconiq is leading a roughly $200 million investment in the direct-to-consumer fashion startup.



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The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...