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Giftd

PRESS RELEASE / Financials

5 November 2024

 2 minutes
GIFTD turns unsold brand stock into exclusive marketing giveaways for brands and retailers, allowing users also to give away secondhand items within the platform’s community.

Giftd, a New Clothing Gifting App, Raises €535K in Angel Round

BERLIN, GERMany: Giftd, a new clothing gifting app that is set to recirculate unused consumer goods on a large scale, announced raising 535K EUR in an angel round. Among the angel investors are German family offices Thies Network and quantumReality, member of the Berlin Business Angels Club board, and impact-focused investor and accelerator ULTRA...
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Tariffs and Seconds / SMART View Interview
If unfair trade barriers persist, there's the risk of seeing mountains of usable clothing pile up in the US, while markets abroad fill the gap with cheap, low-quality fast fashion that often results in more waste, not less. Keeping the second-hand clothing trade flowing freely is in everyone’s best interest: economically, socially, and environmentally. This is a moment to build smarter, fairer, and more circular global systems, not to shut them down.

Trade Barriers on Second-Hand Clothing Disrupt a Globally Significant Reverse Supply Chain

  • Subir Ghosh

24 April 2025
Circularity Narratives / Yee Chain International Interview
Unified standards, greater efficiency, and reduced fragmentation could be the shared goal of the future for the industry. However, achieving this would be incredibly challenging; hence tailoring solutions to specific contexts while ensuring coherence and interoperability across different regions is the way forward.

Falling into the Blame Game Is Counter-Productive for all in the Value Chain

  • Subir Ghosh

16 April 2025