HTGF and K5 back Yorxs.de

Yorxs.de intends to use the fresh funding to expand across Europe. The company concluded a seven-figure seed round at the end of 2012.

Company
Yorxs AG was founded in Munich in 2012. The company sells bulk diamonds and diamond jewellery via its online portal Yorxs.de.

All diamonds are pre-selected and certified by laboratories such as the Gemological Institute of America (GIA) and the Hooge Raad voor Diamant (HRD). Yorxs also adheres to the Kimberley process – which came into effect in 2003 and aims to stem the flow of conflict diamonds – and trades under German law.

As well as jewellery, the company offers consulting services to its clients.

People
HTGF senior investment manager Björn Momsen and K5 investment manager Julius Neuberger worked on the deal.
 

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• Topics
• Expansion
• DACH
• Consumer
• High-Tech Gründerfonds
• Germany