Armadioverde raised €2.6 million in a round led by AImpact.

Italy 17 February 2021

Armadioverde, a Milan, Italy-based operator of fahion re-commerce marketplace, secured a €2.6 million ($3.2M) capital funding round.

The money is a combination of debt and equity, with the equity raised from Italian investors including a | impact and angels Simone Canclini, Andrea Di Bella, Arcangelo D'Onofrio and Christian Bracich.

The round also includes a loan from the Banco BPM group.

Armadioverde was founded in 2015 by David Erba, Eleonora Dellera and built a business based on a digital marketplace facilitating the exchange of high-street fashion items. The company says that has an average handling of about 6,000 items per day, for a total of about 250,000 units shipped per year.

Total investments received (USD): 4.01M