Axon provides €1m series-A for Coco & Lola

The capital injected will bolster the company's international expansion and increase its on-line product offering with new brands. Axon invested through its ICT Axon II Fund, which focuses on Spanish early-stage businesses with internationalisation opportunities.

Company
C&L was founded in 2014 and is headquartered in Malaga, Spain. It is an online women's fashion retailer.

The company generated turnover of €1.3m in 2015 and expects to reach €2.5m of revenues in 2016 and up to €5m in 2017.

People
Axon Partners Group – Francisco Velázquez de Cuellar (CEO, managing partner).

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• Topics
• Expansion
• Consumer
• Southern Europe
• Spain
• Venture