Digital Village news and archive

L’Oréal makes minority investment in metaverse startup Digital Village

Beauty giant L’Oréal has announced a minority investment in metaverse platform and NFT marketplace Digital Village through its venture capital fund, Business Opportunities for L’Oréal Development (BOLD). The investment will be the first of its kind by L’Oréal in the metaverse and Web3 space, as well as the first to be part of its recently...

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BFC and Venrex launch investment fund

The British Fashion Council (BFC) is teaming up with London-based venture capital firm Venrex to launch an investment fund to support the fashion sector, while also diversifying its revenue streams to reinvest in fashion education and talent programmes. The Venrex BFC Fashion I fund will enable a "vibrant business ecosystem in the fashion...