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Founded in 2023 in Seattle, Nectar Social operates a social commerce platform connecting creators and influencers with e-commerce, enabling them to manage digital storefronts and promote products alongside content.

Undisclosed · $41M · 2026-05

Founded in 2023 in San Francisco, Arcade operates an AI-powered product creation platform where users generate purchasable custom product designs from text or images, with creators earning a share of sales.

Series A · $42M · 2025-03

Fermat, founded in 2021 in San Francisco, provides personalization tools for online retailers to deliver individualized shopping experiences.

Series B · $62M · 2025-06

极睿科技 (Jirui Technology), founded in 2017 in Beijing, provides an end-to-end AI content generation platform for e-commerce, covering virtual photography, graphic design, and short-video production and distribution.

Series B · $30M · 2025-03

Changsha Huxing Gaozhao Culture Technology Co., Ltd. was registered in August 2025 in Changsha Kaifu District (Malanshan new-media cluster registration), with registered capital of RMB 222,222; its business scope covers tech services and development, software development, internet sales, and digital cultural creativity. Its consumer brand Starrtoy (starrtoy.com now 301-redirects to xpersonatoy.com) is a creator-to-fan e-commerce marketplace for anime, gaming and film IP merchandise, offering creators design sampling, manufacturing, warehousing/logistics and global sales-revenue sharing. The About page self-describes a 90%-female team with offices in China, Russia, Germany and the US, and states its main operating base is Shanghai. No public evidence shows AI technology embedded in its product or operations.

K2 Lab (Moras), founded in 2025 in Hangzhou, China, is an AI Agent application service provider specializing in A2A-native e-commerce Agent OS.

Angel · 2026-04

Swap, founded in 2022 in London, UK, unifies global e-commerce operations through software, covering shipping, returns, inventory, tax, and compliance.

Series C · $200M · 2026-01

Urbanic (禾观科技), founded in 2019 in London, UK, uses artificial intelligence to generate fashion, creative content, and marketing materials for its eponymous fashion brand.

Series C · $150M · 2023-11

Shop Circle, founded in 2020 in London, UK, provides AI-powered software tools to help online brands improve sales, customer engagement, and store management.

Series B · $60M · 2025-03

Phia, founded in 2023 in New York, USA, reimagines online shopping through AI agent technology, offering an AI search and shopping assistant via app and browser extension. It reached 750,000 downloads within 8 months of launch and is valued at $180 million.

Series A · $44M · 2026-01 · Valuation $186M

Miros, founded in 2020 in Tallinn, Estonia, analyzes product images to help shoppers find items matching their preferences without relying on text search.

Series A · $7M · 2024-11

SHEIN is a global online fashion and lifestyle company founded in 2008 by Chris Xu (Xu Yangtian) in Nanjing, originally as SheInside selling wedding dresses cross-border. Since 2019 its global entity has been Singapore-registered Roadget Business Pte. Ltd., with headquarters in Singapore and its supply-chain hub in Panyu, Guangzhou; the listing vehicle is Cayman-incorporated SHEIN Global Holdings Limited, which uses a weighted voting rights structure. SHEIN operates a hybrid first-party and marketplace model across apparel, home and lifestyle categories. Its core capability is an on-demand small-batch, fast-reorder flexible supply chain built on thousands of small and mid-sized garment and fabric suppliers connected through an in-house B2B supplier platform, using sales data to drive product selection and rapid restocking, with thousands of new SKUs added daily and inventory turnover far faster than traditional fast fashion. In 2025 it reported net revenue of US$41.847 billion and net income of US$2.064 billion, a 14.2% CAGR from 2023 to 2025, serving roughly 273 million active customers across about 160 markets, and ranking as the world's largest online fashion destination by retail sales. Pre-IPO it raised roughly US$3.19 billion from investors including Sequoia China, IDG Capital, General Atlantic, Mubadala and Tiger Global.

IPO · $3.2B · 2026-09