Nanushka raises €10 million in capital to fund expansion

Nanushka raises €10 million in capital to fund expansion

On May 4 2023, Nanushka signed a financing agreement with SIG-i Capital AG, via the SIG-i EURO MEZZ fund. The transaction includes funding worth €10 million in the form of mezzanine financing, and implies an intrinsic valuation of more than €100 million for Nanushka. The funds will be used to refinance existing debt and provide additional liquidity to accelerate the company's next growth phase, including expansion in Asia and the United States, among others.

 

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