Condé Nast Germany, a local subsidiary of US-based publisher Advance Publications, has acquired 26% of Monoqi, a Germany-based contemporary design start-up. Simon Fabich and Felix Schlegel founded Monoqi in 2011. Moritz von Laffert, president of Condé Nast Germany and vice president of Condé Nast International, said: “Within only a few months, Monoqi has established itself with a very independent positioning in the fast-growing e-commerce market for the home and interior sector.”

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?