Germany-based online baby goods retailer closed its latest round of financing yesterday, having raised "a high seven-figure amount" from Acton Capital, the venture capital firm backed by media group Hubert Burda, as well as corporate and government-backed venture fund High-Tech Gruenderfonds and VC firm DN Capital. All are existing investors, with High-Tech Gruenderfonds and DN having contributed to’s series A round in September 2010. The capital will be invested in increasing the site’s product range, and in expanding marketing following a television advertising campaign last year. Christoph Braun, managing partner of Acton Capital Partners, said: "Since our initial investment in spring 2011, has shown impressive growth and is now the clear market leader in the German-speaking world. That’s why we were more than happy to act as lead investor in this round and to increase our stake."

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