Digital-First Tylko Raises €22 Million in Series C as Part of Its Commitment to Set New Standards in the Furniture Industry
– Digital-First Tylko Raises €22 Million in Series C as Part of Its Commitment to Set New Standards in the Furniture Industry
– Tylko, the Polish digital-first furniture company, announced today the close of a €22 million Series C round of funding led by Israel-based Pitango Ventures and Finnish Evli Growth Partners.
– Since its creation in 2015, Tylko has served almost 60,000 satisfied customers and shows no signs of slowing down.
– The €22m investment follows a strong year for Tylko, with its unique approach to furniture design generating a 132% increase in sales in 2020 in comparison to previous years.
– The new investment shows confidence in Tylko’s offering of premium design coupled with a user experience that puts the customer in control.
FloorFound Raises $4M in Seed Funding
– FloorFound is a developer of a service that facilitates returns and resales of oversized products for e-commerce retailers.
– The company raised $4m in seed funding.
– The round was led by LiveOak Venture Partners.
– The new investment will be used to expand operations and business reach.
Furniture startup Burrow raises $25M
– Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home.
– The company has raised $25m in Series C funding.
– The round was led by Parkway Venture Capital, with Managing Partner Gregg Hill joining Burrow’s board of directors.
– NEA, Red & Blue Ventures, Winklevoss Capital and Michael Seibel also participated in the new round.
– The startup will use the new funding to launch new products while also investing in operations and building out its international supply chain.
