UK-based sustainable activewear brand Tala plans to utilize the £4.2 million raised in seed funding to invest in boosting activewear inventory, hiring and global expansion.
As per Apparel Resources, the funding round was jointly led by equity firm Active Partners and venture capital company Venrex. Other investors include the likes of Pembroke VCT and Simon Mottram, Founder Rapha (a sportswear brand), amongst many others.
Grace Beverley, CEO and Founder, Tala said the company will use some of the investment to buy deeper into popular styles.
Notably, Tala, which makes clothes in Vietnam, China, Turkey and Portugal, lists down every factory it uses on its website. It offers high-performance and sustainable activewear, including leggings, shorts, sports bras, tops, hoodies, tracksuits, outerwear and underwear.
