Buying Show, a Berlin, Germany-based fashion wholesale platform, closed a €1.7m round of funding.
The round was led by the venture capital arm of Rocket Internet, Global Founders Capital, with participation from some of the marquee names from the fashion industry.
The new capital will be utilized to further build the platform and expand the retailer network across Europe.
Started in November 2015 by Ivan Herjavec, CEO, Buying Show is an online marketplace that allows fashion brands and retailers to discover and connect with each other, transact online and bring more efficiency to their business.
The company, which already carries over 100 brands and 600 retailers across Europe, has also secured a key strategic partnership with luxury fashion retailer Luisa Via Roma. As part of the partnership, the buying department at Luisa Via Roma is going to use the Buying Show platform to manage its buying processes.