SG-headquartered sneaker brand Cariuma raises fresh funding from East Ventures, others

SG-headquartered sneaker brand Cariuma raises fresh funding from East Ventures, others

Cariuma, a Singapore-headquartered direct-to-consumer sneaker brand, has raised around $16.5 million in a funding round backed by venture capital firm East Ventures, according to regulatory filings.

Madrone Capital Partners, a venture capital and private equity firm associated with Rob Walton, the eldest son of Walmart founder Sam Walton; Innova Capital; Shanghai Capital Fund; and other investors also participated in the round, show Cariuma’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

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