GERMANY - IBB backs MyBrands
IBB Beteiligungsgesellschaft, alongside Grey Corporate Investments and two business angels sourced through the European Founders Fund, have provided a first round of financing for online designer outlet MyBrands.
MyBrands GmbH runs the portal mybrands.de, where users can get branded articles at discounts of up to 70%. The company was founded in 2009, is based in Berlin and has 20 employees.
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