Farfetch, UK’s leading global platform for the luxury fashion industry, and Outlier Ventures, has announced the launch of the Dream Assembly Base Camp accelerator programme for promising start-ups. The remote 12-week programme will be tailored to each start-up, with focus on digital fashion, tokenised loyalty, immersive experiences, and the creator economy.
The Dream Assembly Base Camp will provide a cohort of the most promising Web3 start-ups in the luxury fashion and lifestyle sectors with a curated programme of mentorship, networking, and support in order to help drive the future of Web3 luxury commerce, Farfetch said in a press release.
Participating start-ups will gain access to Farfetch and Outlier Ventures’ network of leading mentors from the fashion, technology and Web3 industries, as well as investors, to support their future fundraising efforts. Farfetch launched Dream Assembly in April 2018 and continues to strengthen its connection to the start-up community.
Farfetch, UK’s leading global platform for the luxury fashion industry, and Outlier Ventures, has announced the launch of the Dream Assembly Base Camp accelerator programme for promising start-ups. The remote 12-week programme will be tailored to each start-up, with focus on digital fashion, tokenised loyalty, immersive experiences, and the creator economy.
Since its inception, Farfetch Dream Assembly has taken more than 60 start-ups through the programme across four cohorts, which have led to ongoing partnerships for Farfetch with Dream Assembly alumni including Good on You, The Restory, Thrift+ and Luxclusif. Dream Assembly was built on the belief that the entire luxury industry can benefit from fuelling the next generation of technology companies.
The Outlier Ventures Base Camp programme has been accelerating Web3 start-ups since 2019, with over ten cohorts, with notable alumni including DIAData, Boson Protocol, Auroboros, Gravity Layer, NFT42, Cryptio and Crucible, among others, which have collectively raised over US$350 million in seed capital.
“We are thrilled to partner with Outlier Ventures on the Dream Assembly Base Camp Web3 accelerator programme. Web3 is an evolving area of growth, but with fundamental challenges to overcome to be usable and scalable within the luxury industry. We are on a mission to support the creation of a unique, curated, connected conversation to help drive the future of this space. Dream Assembly is committed to supporting the best entrepreneurs and teams to scale to the next level. We believe that the entire industry, including Farfetch, can benefit from helping to support the next generation of technology companies dedicated to driving the future of Web3 luxury commerce,” Carol Hilsum, senior director of product innovation, Farfetch, said.
“Outlier Ventures is excited to collaborate with Farfetch for Dream Assembly Base Camp. Web3 is now at the intersection of fashion, culture, and art. It’s hard to think of a better combination than Outlier Ventures and Farfetch to accelerate luxury fashion founders and their projects. The services offered to founders range from fundraising support, tokenomics advice, community growth, marketing advice and everything else required to launch the next generation of Web3 luxury commerce,” Des Martin, chief marketing officer, Outlier Ventures, said.
Fibre2Fashion News Desk (GK)
