FASHION FOR HOME, a Berlin, Germany-based online shop for designer furniture, has completed a lower double-digit million funding round.
The round was led by Acton Capital Partners, with participation from Holtzbrinck Ventures. Incubator Rocket Internet has sold its shares to the two investors.
Founded in 2009 by Marc Appelhoff and Christoph Cordes, FASHION FOR HOME develops, produces and sells designer furniture in Germany, Great Britain, the US, Austria and the Netherlands. Its product range includes everything from high-quality upholstered furniture and dining room furniture to contemporary home accessories and comprises well over 8,000 products. Designers include Reinhard Dienes, Karsten Weigel and Danish design studio 365 North, ran by Hendrik Pedersen and Tobias Jacobsen.
The company currently employs a workforce of some 130 generating sales in the mid two-digit millions.
FinSMEs
03/07/2012