Hong Kongโs Snaptee secures $750K to build a social network for T-shirt lovers

Snaptee, the Hong Kong startup that sells t-shirts sporting DIY graphics from amateur designers, has secured US$750,000 in funding from local incubator Nest, the newly launched SXE Ventures, and Groupon Asia alumni Danny Yeung and Joel Neoh. The company will use the funding to add more social network-esque features to its app.
If youโve never heard of Snaptee, thatโs okay โ but slacker sartorialists might want to spend thirty seconds on the free download. The app lets artists upload graphics specifically for T-shirts, which other users can then purchase directly from Snaptee. While Snapteeโs premise resembles that of Threadless, the apparel vendor that that brought nerdy designs to thousands of pseudo-Marxist high schoolers, the company distinguishes itself from its competition by selling exclusively on its smartphone app. Snapteeโs designers also tend to favor a 10โs post-irony hip-hop aesthetic, rather than Threadlessโ hipster-gone-geekster โ but we at Tech in Asia are far from couture snobs, even when it comes to T-shirts.
When we last checked in with Snaptee in February 2014, the company claimed to feature over 700,000 unique T-shirt designs. Cofounder Wai Lun told Tech in Asia that the figure is now fast approaching 2 million. The company hasnโt yet revealed its total shipments or sales revenues, however.
Lun says that Snaptee will use the funding to ramp up its social features. At present, users can follow designers, โlikeโ certain graphics, and post short bios, but thereโs little else when it comes to community building and interaction.
See: SXE Ventures is a new VC with $10M to spend, puts $1M into 500 Durians
โWeโve been highly focused on content creation, meaning we help users create designs. Now we think itโs a good time to create a design network, where people can appreciate each otherโs work and collaborate together. We want to create a highly creative design community for apparel,โ says Lun. โFor example, if you want to look at cat designs, you might be able to search for โcatsโ and see a lot of cat-related T-shirts from people around the world,โ he adds.
Editing by Paul Bischoff
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