Kibo et al. inject $10m into 21Buttons

Spanish venture capital houses Kibo Ventures and JME VC led the funding round alongside existing investors Samaipata Ventures, Breega Capital, 360 Capital Partners, Banc Sabadell Venture Capital, Spanish seed investor Sputnik Capital and industrial investor Mediaset.

Following the transaction, the company aims to enhance its presence in the UK market and expand further internationally.

Previous funding
In February 2017, the business raised a €3m seed round from Samaipata, Breega, Banco Sabadell, 360 Capital Partners, VentureCap, Sputnik and Mediaset.

Company
Founded in 2015, 21Buttons is a smartphone-based social media platform focusing on fashion retail. It enables users to share items of clothing they find inspiring and potentially earn money if online purchases are made based on their recommendations. The business is based in Barcelona and has a presence in Spain, Italy and the UK with a 35-strong workforce.

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• Topics
• Expansion
• Technology
• Southern Europe
• Venture
• Spain