Building the Future
AAF Management Ltd is an early stage venture capital firm focused on Seed/Series A investment opportunities with companies that have international expansion potential. Our goal as a strategic investment firm is to provide unprecedented access to brilliant entrepreneurs seeking to enter the Gulf Cooperation Council (GCC), larger Middle East & North Africa (MENA), and Western Asia markets.
Jimmy Choo Co-Founder Tamara Mellon Raises $50M Series C For Luxury Shoe Brand
“London-based investment firm Centricus led the latest round, which also included participation from existing backers such as New Enterprise Associates (NEA) and Paris-based Quadrille Capital. The round brings the company’s total capital raised to around $90 million, having raised an NEA-led $23.7 million Series B last May.
The three-year-old company said it saw its sales grow by 136 percent in 2018 compared to the year prior. While it did not provide exact figures, Mellon noted that the company had its “first $1M sales day in October 2018.” Mellon opened its first brick-and-mortar location in Los Angeles at Palisades Village, but remains “digitally-led.” Earlier this year, the brand launched new handbags and sneakers lines.”