HTGF invests in Junique

Junique will use the funds to invest in its online gallery, improve the brand's profile, introduce new product categories and expand its team.

HTGF typically invests €500,000 initially, before committing up to €2m in subsequent funding rounds. It is currently investing via its second fund, which launched in 2011 and closed in December 2012 on €304m.

The venture capital firm made two investments last week: it took part in construction software start-up Sablono's initial round of funding and invested in portfolio company Ayoxxa Biosystems' €9m series-B round.

Company
Founded in Berlin in January this year, Junique aims to make art affordable via its e-commerce website. It offers art as framed prints as well as printed on t-shirts, smartphone cases and home accessories, such as bed linen, cushions and stationery.

The company generates a six-figure monthly turnover. It aims to keep costs low by making products to order and boasts a low return rate. Junique currently ships to 12 countries and employs approximately 15 people.

People
Junique's co-founders are Lea Lange, Marc Pohl and Sabastian Hasebrink. Chiara Sommer led the deal for HTGF.

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