Babyshop completes SEK 165 million financing
E-commerce retailer Babyshop has completed a SEK 165 million financing round at a pre-money valuation of approximately SEK 1.5 billion.
Established in 2006 by Marcus and Linn Tagesson, Babyshop is the leading online retailer for baby and kids products in the Nordics. The proceeds contributed to the company in the financing round will primarily be used for the company's further international expansion.
Babyshop was advised by Mannheimer Swartling in the financing.