Le Slip Français, a Paris, France-based underwear and swimwear retailer, raised an undisclosed amount of funding.
The round was led by Experienced Capital with participation from original investor 360 Capital Partners.
The company intends to use the funds to growth in France, expand to new markets in Europe and Asia in the next two years (with a focus on online sales channels), and broaden its product range with a special focus on womenswear.
Founded in 2011 by Guillaume Gibault, Le Slip Français offers Made in France underwear, swimwear and accessories for men and women. The company, which has reached €8M in revenue in 2016, operates an online store which accounts for 70% of total revenue, three highstreet stores in Paris, as well as several distributors across France.