windeln.de, a Munich, Germany-based online shop for baby products, completed €15m financing.
The round was led DN Capital and MCI with participation from Acton Capital Partners and 360 Capital Partners.
The company intends to use the funds to expand to grow its product offering and expand into new European markets.
Co-founded in October 2010 by Managing Directors Konstantin Urban and Alexander Brand, windeln.de is a web store for baby products which offers more than 20,000 products of over 300 brands. The offer includes diapers, baby food, skin care, and safety products such as gates and monitors.
The company currently employs 50 staff members.
FinSMEs
25/02/2013