Colvin, a Barcelona, Spain-based online delivery company dedicated to flowers, raised €14m in Series B funding.
Backers included Milano Investment Partners (MIP) and P101 sgr, via P102 and ITA500, along with Spanish fund Samaipata.
The company, which has raised €24m in total funding to date, intends to use the funds to continue to expand operations and its business reach in Europe, Italy, Spain, Portugal and Germany, and grow its product offerings.
Founded in 2017 by Sergi Bastardas, Andrés Cester and Marc Olmedillo, Colvin provides a flower delivery service which connects customers and grower cutting the traditional production chain time and costs, as well as a customized customer care service.
The company has quadruplied the turnover in comparison with the previous year and is now present in Spain, Italy, Portugal and Germany.