The former corporate venturing unit of media company Hubert Burda Media is joined by the former unit of publishing company Georg von Holtzbrinck Publishing, backing the online shop for designer furniture.
Two former corporate venturing units of Germany based companies have backed Fashion for Home, a Germany-based online shop for designer furniture.
Acton Capital Partners, formerly the corporate venturing unit of media company Hubert Burda Media, led the round and was joined by Holtzbrinck Ventures, formerly the unit of publishing company Georg von Holtzbrinck Publishing, in the deal.
The deal was in “the lower double-digit millions” and incubator Rocket Internet sold its shares in the company as part of the deal.
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