
Holtzbrinck Ventures leads series-A investment in L’ArcoBaleno
Holtzbrinck and other investors have taken part in a seven-figure funding round for design e-commerce site L’Arcobaleno.
The German VC was joined by fellow venture capital firms DN Capital, Otto Capital BV and Novel TMT Ventures. Carmen Busquets, Frederic Court and Christophe Maire also invested in the design platform as individual investors.
Company
L'Arcobaleno is a market platform that allows its customers to purchase a range of contemporary design items from around the world, presenting its range in a magazine-style format. Objects on the website retail for up to $40,000.
The company's headquarters are in Berlin but L'Arcobaleno also has an office in New York. It was founded in June 2012.
People
Ambra Medda is L'ArcoBaleno's creative director and co-founder. Oliver Weyergraf is also a co-founder and L'Arcobaleno's CEO. Lars Langusch is a general partner at Holtzbrinck Ventures. Nenad Marovac is managing partner at DN Capital.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater