Inveready leads €1m round for Bilua

Inveready provided venture debt to the company via Inveready Venture Finance Fund, which closed on €15m. 

Bilua will use the fresh funding to relocate to a new logistics centre and boost sales.

Company
Founded in 2012 and based in Barcelona, Bilua is an e-commerce site that retails family-focused products. The firm has four web stores, translated into 10 languages, and retails worldwide. Stores include Kidits.net for babycare products, Biuky.com for beauty, and online pharmacy Carethy.net. 

Bilua has 100,000 customers and a catalogue of 120,000 products. The company expects to close 2014 with a turnover of €10m. 

People
Carlos Conti is a general partner at Inveready.  

Advisers
Debt – Lexcrea (Legal). 

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• Topics
• Southern Europe
• Consumer
• Expansion
• Spain
• Inveready First Capital