Farman Raises VC Funding

farmanFarman, a Milan, and Trani, Italy-based ecommerce startup focused on Health and Beauty, raised its first vc funding.

According to StartupItalia!, the amount of the transaction amounted to €400k.

Digital Investment, managed by Gianluca Dettori and Franco Gonella’s Dpixel, made the vc investment.

The company intends to use the funds to expand the team, and its tech, communication and logistic efforts.

Led by Massimiliano Masi, CEO e Founder, Farman operates farman.it, an online store that offers a wide range of products for health and beauty, sport, baby care, food, etc.  The company aims to grow internationally and integrate the ecommerce model with branded corners called Farman Points, which will allow clients to pick products inside physical stores.

In 2012, Farman had a client base of 8k il 2013.

FinSMEs

18/11/2013

 

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