Knomo, a lifestyle-tech accessory from London today announced a £1 million investment round led by Hattington Capital, with participation from angel investor Martin Braddock. The fresh funding will be used to bolster the company’s e-commerce platform and accelerate the development of new tech-friendly products.
Knomo is not really a tech startup, but a creator of high-end, stylish accessories for technology-focused consumers. The company was founded in 2004 and has seen rapid growth over the last years in both the UK, and international markets. It is now present in 35 countries including the US, Canada, China, Australia, South Africa and most of Europe, partnering with selected retailers including John Lewis, Harrods and Nordstrom.
The investment, which marks Knomo’s most significant funding round to date, will enable the accessories brand to focus on new designs and accelerate product development. In addition to the investment, London-based Hattington Capital will offer strategic guidance in the company’s development of e-commerce, marketing, business strategy, and financing.
Howard Harrison, Knomo’s CEO and co-founder, stated: “The last year has been an exciting and pivotal one for Knomo with the implementation of a more focused e-commerce and wholesale strategy. We plan to develop knomo.com as a curated destination site for distinctive accessories, designed for an inspired mobile life, and grow our wholesale business internationally in key locations. We’re excited to have such a stellar group of investors to help take Knomo to the next level. ”
By the way: You can find out about other interesting startups from the UK in this list.
