ManoMano gets more capital for its expansion
ManoMano, an online marketplace for DIY and garden products which is active in several European countries, gets a capital increase to the amount of EUR 110 mio. With it, the company wants to achieve a further prerequisite to reach a trading volume of a billion euros in the year 2020. For this Series D capital increase, Eurazeo Growth, Aglae Ventures and the Large Venture fund by Bpifrance, which has already been involved in the ManoMano capital since 2016 through the Ambition Numerique fund, have joined the original ManoMano investors, CM-CIC, Partech, Piton and General Atlantic. The company wants to use the fresh capital, among other things, to expand the offer of its new B2B platform for DIY and industry and to employ new IT professionals.