Lamoda Raises $130M in Funding

Lamoda, a Russian online fashion retailer, raised $130m in funding.

The round was led by Access Industries, with participation from Summit Partners and Tengelmann Ventures.

The company intends to use the funds to continue to expand in Russia and adjacent markets (e.g. Ukraine).

Co-founded by CEO Niels Tonsen, Dominik Picker-Huchzermeyer, Burkhard Binder and Florian Jansen, Lamoda offers shoes, fashion and beauty products from approximately 800 international and local brands. It also operates Lamoda Express, a next-day delivery service.

The company was incubated by Berlin-based Rocket Internet.



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