
Passion Capital et al. inject €3.75m into Vicampo
Passion Capital and e.ventures have invested in online wine seller Vicampo’s €3.75m series-B funding round.
Passion and eVentures each hold a 10% stake in the company. Business angel Heinz-Werner Nienstedt, a former board member of publishing house Handelsblatt, also took part in the round.
The fresh capital has been earmarked for further development of the platform's technology. Funding will also be put towards increasing the range of wine available and new hires in the marketing department.
Previous funding
eVentures first invested in Vicampo's seed funding round in 2011, followed by a series-A round in September 2013. The deal was financed using the VC's eVenture Fund 1 vehicle.
Company
Headquartered in Mainz, Vicampo is an online seller of wine with a particular focus on products from small vineyards that would not otherwise be available in shops. It has a range of around 10,000 wines from 1,000 growers. The company was founded in 2012 and has 30 employees. It generated turnover of €5m in 2014.
People
Max Gärtner is co-founder and CEO of Vicampo. Stefan Glänzer led the deal for Passion Capital.
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