UK - YFM leads £630,000 BeCheeky investment
YFM Group has led an investment of ТЃ630,000 into BeCheeky.com, a specialist retailer of hard-to-find and selected mainstream lingerie.
YFM invested £200,000 in the round through its South West Venture Fund, with the balance of the equity being provided by angel investors. The new capital will be used to widen the product range and fund further marketing activities.
BeCheeky offers 1,200 individual product lines from brands such as Bracli, Lola Luna, Morgan, Princess Tam Tam and Sensualle, attracting 130,000 visitors per month and generating turnover of almost £1m.
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