Ventech supports Picanova

The fresh funding is designed to support the international growth of the company and the expansion of its product range. 

The GP committed cash from its fourth fund, which held a first close on €100m in 2012. 

Previous funding
In 2008, DuMont Venture acquired a minority stake in the firm for an undisclosed amount, according to unquote" data. 

Company
Established in 2006 and headquartered in Cologne, Picanova produces customised wall decoaration products including canvas prints, aluminium prints and photo merchandise such as photo books. Customers are based in 170 countries, reached by 30 internet platforms. 

Picanova has production facilities in Europe, North America and Asia and manufactures 30,000 products per day globally. 

People
Christian Claussen is a general partner at Ventech and worked on the deal.  

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• Topics
• DACH
• Consumer
• Expansion
• Germany