Vorwerk Ventures returned to reinvest in the smart luggage developer as part of an $11.4m round that also featured Project A and Milano Investment Partners.
Germany-based smart luggage producer Horizn Studios has received €10m ($11.4m) in series B funding from investors including Vorwerk Ventures, the corporate venturing subsidiary of direct selling company Vorwerk, EU-Startups has reported.
Venture capital firm Project A and venture growth firm Milano Investment Partners also contributed to the round, which EU-Startups said increased the company’s overall funding to €25m.
Founded in 2015, Horizn Studios designs and sells suitcases, backpacks, briefcases and bags that include smart features such as battery charging ports…