Luxodo.com raises $2.4m from DN Capital and b-to-v

Existing investors also took part in the funding round alongside DN Capital and b-to-v. The fresh capital will be used to expand Luxodo.com's operations internationally.

DN Capital has invested in six companies in Germany so far this year, with the latest investment prior to Luxodo.com being Mister Spexx in July this year. In the same month, DN Capital backed a series-A financing round for design e-commerce site L'Arcobaleno.

Company
Hamburg-based Luxodo.com offers an online platform to retailers of luxury clothing, interior design and beauty products.

The firm was founded in 2011 and currently offers items from 65 luxury shops in Germany, Italy and Switzerland. Luxodo.com advertises around 600 different brands and 4,000 products on its website.

People
Mathias von Bredow founded Luxodo.com. Nenad Marovac is managing partner at DN Capital.

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• Topics
• DACH
• Consumer
• Expansion
• Germany
• DN Capital