Knomo, a lifestyle-tech accessories brand out of London, today announced a £1m investment round led by Hattington Capital, with participation from angel investor Martin Braddock, 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 United States, 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. As well as the investment, Hattington Capital, which is also based in London, will also offer strategic guidance in the development of e-commerce, marketing, business strategy, and financing.
Howard Harrison, Knomo CEO and Co-founder, stated: “The last year has been an exciting and pivotal one for Knomo with the implementation of a more focused ecommerce 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. ”