Deporvillage raises €3.5m round from P101 et al.

As part of the deal, P101 injected a €800,000 equity ticket and will retain a 10% stake in the business.

According to a statement, the company aims to use the fresh capital to expand in Italy as well as across the southern European market.

Previous funding
According to unquote" data, the company raised a €350,000 seed round from Cabiedes alongside individual investors in July 2011.

In July 2015, the company raised a €2.5m funding round from Samaipata, Cabiedes, Mediaset (via its corporate venture fund Ad4Ventures) and P101, which injected a €500,000 equity ticket.

Company
Founded in 2010, Deporvillage manages an online marketplace focused on sports products. The company is headquartered in Manresa and has a presence across Spain, France, Portugal and Italy. It currently employs a staff of 50.

The company posted a turnover of €10m in 2015, marking a 54% increase compared to the €6.5m of revenues generated in 2014. According to a statement, the business expects to post a turnover of €25m in 2016.

People
P101 – Andrea Di Camillo (managing partner); Giuseppe Donvito (partner).
Deporvillage – Xavier Pladellorens (CEO).

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