Made.com bags £40m, eyes European expansion
Made.com has pulled in £40 million of equity funding as it looks to expand into new European markets and boost its online presence.
The cash, which takes the total raised by the venture to almost £98 million, comes from existing investors Partech Ventures, Level Equity and Eight Roads Ventures, and an unnamed new backer. Susanne Given, Chairman at Made.com, commented on LinkedIn: “Feeling very proud of our talented team; Philippe Chainieux, Adrian Evans and Annabel Kilner to name but a few, who are building on the great foundations put in place by our founding team.”
The e-tailer has also appointed a new Chief Financial Officer (CFO), Adrian Evans, who joins from Yoox Net-A-Porter Group.
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