Holtzbrinck Ventures leads series-A investment in L'ArcoBaleno
Holtzbrinck and other investors have taken part in a seven-figure funding round for design e-commerce site L’Arcobaleno.
The German VC was joined by fellow venture capital firms DN Capital, Otto Capital BV and Novel TMT Ventures. Carmen Busquets, Frederic Court and Christophe Maire also invested in the design platform as individual investors.
Company
L'Arcobaleno is a market platform that allows its customers to purchase a range of contemporary design items from around the world, presenting its range in a magazine-style format. Objects on the website retail for up to $40,000.
The company's headquarters are in Berlin but L'Arcobaleno also has an office in New York. It was founded in June 2012.
People
Ambra Medda is L'ArcoBaleno's creative director and co-founder. Oliver Weyergraf is also a co-founder and L'Arcobaleno's CEO. Lars Langusch is a general partner at Holtzbrinck Ventures. Nenad Marovac is managing partner at DN Capital.
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