SQUATWOLF, an e-commerce company established in the United Arab Emirates (UAE), has raised $30 million in investment from ASCA Capital Limited.
SQUATWOLF, a luxury gym wear brand founded in 2016 in Dubai, currently has a global footprint through e-commerce and a presence in third-party retail platforms.
Men’s and women’s high-quality gym wear from the brand has been praised for its original designs that combine insight-driven function, style, and comfort.
“We’re excited to have ASCA Capital on board as we continue to build our brand, products, and reach. Their perspective, expertise, and experience in working with both high-growth and more established companies make them the right partner for us on the next leg of our journey,” according to Wajdan Gul, Co-Founder and CEO of SQUATWOLF.
Niels Stidsen, Partner at ASCA Capital, said, “We’re thrilled to be partnering with SQUATWOLF and supporting the growth of this innovative and premium gym wear brand,”.
With the additional funding, SQUATWOLF will be able to expand on its current success and solidify its position as the brand of choice for athletes all over the world.
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