Castore designs and sells high-performance sportswear for men and women, focusing on precision engineering, technical fabrics, and minimalist design. The brand operates a direct-to-consumer model while also partnering with elite sports teams and athletes.
The company has rapidly expanded its presence across Europe and international markets, positioning itself as a premium challenger brand in the global sportswear industry.
What Is Castore and What Does It Do?
Castore, founded in 2016, is a London-based (United Kingdom) apparel and sports technology company.
The company develops and sells premium sportswear including training apparel, outerwear, and accessories, with a strong focus on performance, durability, and innovation.
Castore employs around 174 people, supporting product design, global operations, partnerships, and digital commerce.
How Much Funding Has Castore Raised?
1. Series B
- Amount Raised: $13M
- Date: 2020
- Motivation: To support international expansion and team partnerships.
2. Series C
- Amount Raised: $1.5M
- Date: 2022
- Motivation: To strengthen operations and brand presence.
3. Series D
- Amount Raised: $183M
- Date: 2023
- Lead Investors: Felix Capital
- Motivation: To accelerate global growth, expand partnerships, and scale supply chain capabilities.
Total Funding Raised: $197 Million
Current Valuation: $1 Billion (as of Nov 2023)
Latest Funding Date: November, 2023
Key Investors
1. Felix Capital
- Details: London-based venture capital firm investing in digital lifestyle brands.
- Investment Focus Areas: Consumer brands, e-commerce, lifestyle technology.
- Notable Investments: Castore, Gymshark, Peloton, Farfetch.
2. Silicon Valley Bank (SVB)
- Details: Financial services provider supporting high-growth technology and consumer companies.
- Investment Focus Areas: Growth financing, venture debt, innovation-led businesses.
- Notable Investments: Castore, Gymshark, Allbirds.
Where Is Castore’s Headquarters?
Castore is headquartered in London, United Kingdom, operating globally through digital channels and international partnerships.
What’s Next for Castore?
Castore aims to deepen its footprint across global sports leagues, expand into new performance categories, and grow its direct-to-consumer presence worldwide. With unicorn status achieved, the company is focused on long-term brand building and global market leadership.
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