IBB invests in Stilnest

At least €500,000 was invested in the company in this series-A funding round. IBB used its VC Fonds Technologie Berlin to finance the deal.

The growth capital has been earmarked for the further growth of the website and the sourcing of designers. It will also be used for distribution and marketing.

K-Invest stated it was interested in the company as its mode of production enabled it to create new jewellery on a weekly basis.

Previous funding
The company previously received seed funding from the venture arm of Zeppelin University, ZU Micro Equity. The capital was used to build up production operations and attract the interest of jewellery designers. The seed financing also heralded the company's move from Friedrichshafen to Berlin.

Company
Founded in 2013 at the Zeppelin University in Friedrichshafen, Stilnest uses 3D printers to produce jewellery items designed by 37 international designers worldwide. The jewellery is produced in sterling silver or fine polyamide, with gold to come later this year.

Stilnest has more than 100 pieces in its collection and hopes to have doubled this by the end of the year.

People
Julian Leithoff is CEO of Stilnest. Christoph Zoller led the deal for IBB. Ludger Schöllgen is from K-Invest.

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• DACH
• Expansion
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• Germany