Tunisian company Dabchy gathers more than $1 million in funds before Series A investment, with plans to expand its platform for second-hand fashion sales
In an exciting development for the circular fashion industry, Dabchy, a Tunisia-based online marketplace for second-hand apparel and goods, has successfully closed a pre-Series A funding round. This significant investment, led by Janngo Capital, Africa's largest gender-equal tech venture capital fund, was also backed by strategic co-investors including Renew Capital and Village Capital, as well as several angel investors.
The funding round, which took place in February 2025, ranks as the third largest by an international VC firm in Tunisia over the past two years. The exact amount of the investment remains undisclosed.
Dabchy, founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, has grown rapidly, boasting over 1.3 million users across Tunisia and Egypt. The startup plans to use the funds to expand its presence across the Middle East and North Africa (MENA) region, with a particular focus on the Egyptian market, by 2026.
The platform, which initially focused on second-hand fashion, has recently expanded its offerings to include new categories such as men's fashion, home goods, sports equipment, books, and games.
Speaking about the investment, Fatoumata Bâ, Founder and Executive Chair of Janngo Capital, commented, "Dabchy is a pioneer in driving the sustainable transformation of the apparel industry."
The funds will not only aid in Dabchy's geographical expansion but also be used to improve logistics capabilities and enhance the user experience. Ameni Mansouri, CEO and co-founder of Dabchy, expressed his ambition to revolutionize circular e-commerce by combining sustainability and financial performance.
Notable participants in the funding round include Karim Beguir, founder of Tunisia's InstaDeep, further underscoring the potential of Dabchy's business model. As the circular fashion market continues to gain traction, Dabchy's success serves as a testament to the growing demand for sustainable and affordable fashion solutions.
The investment from Janngo Capital, Africa's largest gender-equal tech venture capital fund, and others, was significant for Dabchy as it will not only aid in their geographical expansion but also be used to improve logistics capabilities and enhance the user experience, demonstrating the integration of technology in their plans for growth. As Dabchy continues to drive the sustainable transformation of the apparel industry by offering a wider selection of goods and services beyond second-hand fashion, their business model and the growing demand for sustainable fashion solutions exemplify the potential of tech-driven circular e-commerce.