Retail

Peachylean boss says fundraising environment is ‘really treacherous’

Sharon Keegan says Irish athleisure firm raised €500,000, but it had hoped to raise twice that amount

Sharon Keegan, founder and chief executive, Peachylean: ‘We partnered with big brands such as Fitbit this year.’ Picture: Fergal Phillips

The chief executive of Peachylean, the Irish athleisure brand, has described the current fundraising environment as “really treacherous”.

Sharon Keegan told the Business Post that Peachylean has raised just over €500,000 in funding, having hoped to raise twice that amount.

“We went out to try raise €1 million and we weren’t successful in that, but I don’t want to take away from the fact that we did raise capital at a very difficult time. And ...