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GOBI Cashmere

247 employees

GOBI Cashmere has been in the business of producing luxury cashmere products for over 40 years and is headquartered in Mongolia.  Cashmere was first used by the nomadic people in our part of the world who discovered the softness, warmth, and durability of this material, which became a status symbol for royalty and the upper classes. This affluence is still reflected in our products today.  We ethically source our cashmere wool from nomadic herders here in Mongolia. Our whole manufacturing process is traceable to ensure that our buyers are getting the purest and best-quality cashmere products for the most affordable price due to no middleman involvement in the sourcing and production process.   GOBI is currently operating through e-commerce in the EU, US, UK, and CN in addition to the physical stores located in Ulaanbaatar, Mongolia, and Berlin, Germany, and 23 GOBI franchise stores in 8 cities around the world. Learn more at: www.gobicashmere.com

Investor insights

Funding rounds participated in

$30M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Retail Apparel and Fashion

Sectors

Retail Apparel and Fashion

Date founded

1981

Funding rounds raised

Total raised

$30M

from 1 investors over 1 rounds

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GOBI Cashmere raised $30M on December 20, 2023

Investors: Asian Development Bank

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