Lisbon-based startup Bizay has raised €18 million ($19.78 million) in Series C2 funding to support its expansion into the US market. This follows a previous funding round of $38.6 million (€32 million) in 2020. The company offers a supply chain system for product customization, catering to both small and large quantities of customized products. The global custom apparel market is valued at over $48 billion in 2022 and is projected to reach $70 billion by 2028, highlighting the growth potential for companies like Bizay. Competitors in the print-on-demand space include Printful, Printify, Gelato, Gooten, and Art of Where, but Bizay distinguishes itself by offering a broader range of customization options and leveraging its extensive network of suppliers. The funding will enable Bizay to expand its operations into the US market.
Lisbon startup GVS simplifies customized merchandise with $19M funding boost.
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