Picanova, a Cologne, Germany-based manuafacturer of customized wall decor, received a multimillion financing.
French innovation investor Ventech SA provided the funds.
The company intends to use the funds for international expansion while extending the range of products.
Founded in 2006 by Daniel Mühlbauer, CEO, Picanova manufactures individualized wall decoration products such as canvas and aluminum prints and photo merchandising products like photo-books reaching customers in more than 170 countries through over 30 internet platforms.
The company, which was previously financed by Cologne-based investor DuMont Venture, controls a wholly owned supply chain through its production facilities in Europe, North America and Asia.
FinSMEs
20/12/2013