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Rent the Runway raises $125 million

(Bloomberg)—Rent the Runway Inc. is New York’s most stylish unicorn. The fashion rental startup is now valued at $1 billion, the company said Thursday as it announced its latest funding round. Rent the Runway raised a fresh $125 million from investors co-led by Franklin Templeton Investments and Bain Capital Ventures. T. Rowe Price Group Inc. […]

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