HomeFundingBritish fashion marketplace Boticca nabs $2.5 million

British fashion marketplace Boticca nabs $2.5 million

Boticca.com, the London-based marketplace for independent fashion accessory designers, has recently announced closing its first round of financing, totalling around $2.5 million.

It’s free for designers to open their own boutique on Boticca. In order to make money the marketplace takes a 25% cut of each fashion accessory sold. The young company was founded in 2010 by Avid Larizadeh and Kiyan Foroughi in the UK.

The investors in this round were Bobby Yazdani and the French fund ISAI. The fresh capital is going to be used for the growth of editorial content, the growth of Boticca’s team and some additional market channels.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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