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Metaverse startups forge ahead with innovations and impulses from investors.
F&S Holdings, a Korea style (3D/VR/AR) fashion metaverse mall platform company, has attracted 10 billion won ($8.2 million) in series investment B. F&S Holdings is a fashion style technology platform developer and operator ‘FASSKER.’

In this round, a total of six investors participated, including DS Asset Management, Union Investment Partners, PNP Investment and existing investment companies, Open Water Investment, NextG Investment and Win Best Venture Investment.

Rooting for digital fashion

F&S Holdings was established in 2018 with the aim of providing a service for fashion companies and individuals to produce and distribute digital fashion content based on style technology and has launched a related platform, FASSKER, in beta in 2020. Thanks to this, 3D contents such as VR stores and AR lookbook have been developed to offer a new direction in digital fashion. Now he is developing the fashion metaverse which can use digital contents in a space where the virtual world and the real world coexist.

FASSKER’s unique fashion style, technology and content attracts a lot of interest and excellent response from major global partners. F&S Holdings attended MWC 2022 in Spain in February to showcase a “VR Store” that offers the same experience as visiting a real store, a “3D Showroom” where you can experience real 3D products. It gained recognition for featuring fashion-style technology and content, such as a live, animated 3D “AR lookbook” rather than a static 2D lookbook.

DS Asset Management inspector Kim Hee-joong, who led the investment in this round, said, “F&S Holdings is a company with a high level of technology and a number of industry experts. fashion, and already has the satisfaction of its customers. I thought about it and decided to invest.

With this investment, F&S Holdings plans to accelerate the development of the fashion metaverse shopping mall platform and to concern the global digital fashion industry, a promising industry for the future.

Meanwhile, F&S Holdings has worked on the possibility of expansion through collaboration with some domestic and foreign brands such as Dior, Fendi, Balenciaga, Estee Lauder, Tod’s, Handsome and Shinsegae International, Samsung C&T and LF. His business performance and technological prowess are recognized, such as his selection for the “TIPS” project and the “Software High Growth Club 200” project by the Ministry of Science and ICT and the receipt of the ministry’s award in the “Next Unicorn” section. from the 2021 competition. Gyeonggi Startup Discussion Day.

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