Area of interest: Retail

  • Mjuk raises undisclosed amount

    Mjuk raises undisclosed amount

    (Helsinki, provides affordable, high-quality pre-owned and cleaned furniture): Has raised an undisclosed amount from Gorilla Capital with members Kirsi Vine-Haaparinne and Petri Lehmuskoski. “Furniture is the largest consumer vertical where circular economy models haven’t yet scaled to the masses, presenting a significant opportunity,” comments Risto Rautakorpi, founding partner of Gorilla Capital.

  • Ka Yo raises 10 MSEK

    Ka Yo raises 10 MSEK

    (Stockholm, sells sports clothing and equipment): Has raised 10 MSEK in a funding round from Annica Kjellman, Mikael Kjellman, Andreas Koschnike, Nils Tham, Stefan Palm and member Margaux Dietz. Reportedly, the investment is intended to expand inventory in order to grow e-commerce.

  • The Healthy Brands Company has been acquired by Umida

    The Healthy Brands Company has been acquired by Umida

    (Stockholm, specializes in well-being, health, energy, and fitness products): Has been acquired by Umida for an undisclosed amount. The Healthy Brands Company was owned by founding member Ash Pournouri. “The acquisition of The Healthy Brands Company should be seen as the start of a new effort, allowing us to bring more innovative brands and products…

  • Zëiyt raises 10 MSEK

    Zëiyt raises 10 MSEK

    (Stockholm, Palestinian olive oil for skin and hair): Has raised 10 MSEK in a funding round from Martin Lorentzon. “Of course, I’m aiming to build a billion-dollar company, preferably global, but the stock market seems insanely complicated. In my interview series on entrepreneurship, ‘Gina mot Miljarden,’ I talk to different entrepreneurs to find out what…

  • Infinited Fiber Company raises 450 MSEK

    Infinited Fiber Company raises 450 MSEK

    (Espoo, a premium textile fiber from recycled fabric): Has raised 450 MSEK in a funding round from Inditex Group, TTY Management and H&M with founding member Karl-Johan Persson. “Investing in new innovative materials is an incredibly important part of our sustainability work for a circular future,” comments H&M.

  • HMVX raises 30 MSEK

    HMVX raises 30 MSEK

    (Stockholm, an initiative for circularity in the textile industry): Has raised 30 MSEK in a funding round from majority owners Vargas and H&M with founding member Karl-Johan Persson. Susanna Campbell, Emma Stjernlöf, and member Mia Hemmingson also participated. The details on the initiative are still scarce, however the former Polestar executive Dennis Nobelius has been…