The handmade goods marketplace has been in business since 2011 and has just raised its first external funding in a GMO-backed round.
Pinkoi, a Taiwan-based online marketplace for curated and independently-designed goods, secured $9m yesterday from GMO Venture Partners, internet company GMO’s strategic investment arm, and venture capital fund Sequoia India.
Founded in 2011, Pinkoi operates as a platform where users can sell their handmade goods, much like Etsy does in the US.
The company, which has racked up 25,000 retailers spanning the whole of Asia as well as 2 million monthly users, also brings a curation aspect to the Etsy model,…
