LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and CDH Investments, according to the company’s official WeChat account.
The money has been earmarked for international expansion and a further shift into the digital fashion realm, it said on Tuesday.
The Hangzhou-based firm is most commonly known as Style3D, a software and…