Prague-based Rockaway Ventures has announced its investment in Remix, a second-hand fashion e-commerce platform. As part of the Series A funding round, the fund is acquiring a 20% stake in the company, though the exact amount of the investment was not disclosed, as Vestbee was told.
- Founded in 2018 by Georgi Zhelyazkov and Teodora Zhelyazkova, Remix specializes in second-hand fashion and recommerce. The company operates a large-scale Circular Fashion Center capable of processing over two million garments and listing more than 20,000 unique items online daily.
- Remix develops proprietary AI systems and automated logistics to sort, price, and track individual clothing items from intake to resale or recycling. Its platform enables both consumers and fashion brands to buy and sell used garments efficiently, while providing full traceability of each product’s lifecycle.
- The firm is active across ten European countries, Remix integrates its technology with Recommerce-as-a-Service solutions, allowing brands to manage surplus or returned stock without building their own infrastructure.
Details of the deal
- The Series A round saw support from Prague-based Rockaway Ventures, which recently closed a €55 million fund to invest in late-seed and Series A tech startups across strategic sectors
- Remix will use the Series A funding from Rockaway Ventures to grow its AI-driven systems and Recommerce-as-a-Service. The money will improve its automated warehouse, logistics, and AI tools that sort, price, and process up to 20,000 garments each day. The funding will also support expansion across nine European countries, making Remix a stronger platform for circular fashion.
