Renowned online high-end shoe brand, Scarosso, disclosed today that it had secured Series A finances from a conglomerate of renowned investors headed by DN Capital.
Perikles Ventures, IBB Venture Capital Company who handles Kreativwirtschaft Berlin fund and other angel investors also participated in the Series A growth financial round. The infused finances will support the launching of new line of collections particularly new designs by Marco Censi and Guillaume Hinfray and support Scarosso to further develop its retail operations. Following the successful launching its first shop in Hamburg, it is planning to open another shop in Berlin in the next few months.
Marco Reiter and Moritz Offeney founded Scarosso in 2010. Angel investors Martin Sinner of Idealo GmbH, Michael Brehm of studiVZ and Berlin Ventures were attracted to business. Using its exceptional relationship with excellent Italian manufacturers, Scarosso was able to deliver a collection with incomparable design, material and high quality at a reasonable price.
"I am delighted to be working with the Scarosso team. They have a great product, a great opportunity and a fantastic instinct for the detail required to succeed in their markets. DN Capital has made several successful investments in Germany in recent years and Scarosso shares the same DNA as some of our other success stories. We hope they will come to dominate their market like our other companies such as MisterSpex and Windeln have done," related by the Partner at DN Capital, Tom Bradley.
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