Scarosso, a Berlin, Germany-based online luxury shoe brand, raised a Series A funding of undisclosed amount.
The round was led by DN Capital, with participation from IBB Venture Capital‘s Kreativwirtschaft Berlin, Perikles Ventures and other local angel investors.
The company intends to use the funds to launch the new women’s collection designed by Marco Censi and Guillaume Hinfray, accelerate the development of its retail operations and international distribution.
After the launch of its first store in Hamburg, Scarosso plans to open in Berlin in coming months.
Founded in 2010 at the Milan Univeristy Commerciale Luigi Bocconi by CEO Moritz Offeney and COO Marco Reiter, Scarosso leverages relationships with Italian manufacturers to offer premium quality Italian shoes and accessories.
The company, based in Berlin, now employs more than 30 people.
FinSMEs
17/05/2013