ACAI Activewear raises £350k from DSW Angels to expand product lines
The funding round was led by DSW Angels and will support product range expansion and inventory growth.
A Cheshire clothing brand designing functional and stylish outdoor apparel specifically for women.
Cheshire-based outdoor clothing brand ACAI Activewear has secured £350k in a funding round led by business angel network DSW Angels.
The capital will be used to expand the company product range and build up stock levels to keep pace with growing demand and fulfil orders more rapidly.
Founded by husband and wife team Joe and Kasia Bromley, the company has seen rapid sales growth since its launch, building a mailing list of over 30,000 and anticipating a turnover of more than £1m for the year.
From the founder
"Our customers tell us there are no other trousers like ours on the market. We aim to empower women and encourage them to spend more time outdoors by providing the gear for them to do so. The ‘trail to the street’ look means they can walk up a mountain but still look stylish in the pub afterwards."
Kasia Bromley
Co-founder at ACAI Activewear
Investor perspective
"ACAI is a niche product with loyal and growing customer base and incredibly talented founders. The company has already shown excellent traction on limited investment – considerably better than comparable start-ups we benchmarked – and is on target to double revenue this year. Our investment will turbo-charge its growth."
David Smith
Representative, DSW Angels
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Categories
About the company
ACAI Activewear
ACAI Activewear designs and manufactures outdoor clothing tailored specifically for women.