The on-demand apparel printing wholesaler received backing from Joyy to expand into the US market.

US-based on-demand printed apparel provider HugePod secured $40m on Wednesday in a series B round led by video-based social media platform Joyy as the medium becomes a viable target for startup cash.

The round was filled out by Engage Capital, Source Code Capital and ZhenFund. The company had raised undisclosed amounts from Source Code Capital and ZhenFund in a 2019 pre-series A round and in an Engage Capital-led series A later that year.

Founded in Hong Kong, HugePod provides a…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.