Wine in Black Raises High Single-Digit Million Third Financing

wib-LogoWine in Black, a Berlin, Germany-based online shop for premium wines, raises a high single-digit million amount in its third round of financing.

Backers included new investor b-to-v and previous investors Project A Ventures, Bright Capital, e.ventures and Passion Capital.

The company intends to use the funds for the expansion of technology and sales.

Founded by Stephan Linden and Christian Hoya, Wine in Black is a large online store for premium wines which has sold over a million bottles of wine since its inception. It is active in four European markets: Germany, France, Netherlands and Austria.

FinSMEs

23/07/2014

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