Horizn Studios, a Berlin, Germany-based vertical commerce luggage brand for digital nomads, completed a several million euro financing round.
Backers included Vorwerk Ventures, Project A Ventures, Franz Koch (Ex-PUMA CEO, now MYKITA), Dietrich Becker (Founding Partner Perella Weinberg) and Claus Sendlinger (Founder & CEO Design Hotels) and new investors U-Start (who also invested in Outfittery) and several tech entrepreneurs as well as fashion and e-commerce veterans.
The company intends to use the funds for upcoming internationalization with UK as next focal market and further product development.
Founded in 2015 by CEO Stefan Holwe and Jan Roosen, Horizn Studios is a vertical commerce smart luggage brand. Especially driven by the recently launched Cabin Trolley that smartly combines Travel and Tech, the company is distributing more than 10.000 suitcases and travel bags this year.
First Quarter of 2017 Horizn Studios is expecting revenue of €10M.