factory14 announced securing $200 million funding.

factory14, a Luxembourg-based operation set out to acquire FBA retailers (FBA - Fulfillment by Amazon), announced securing funding of $200 million.

The money is mostly debt put by Victory Park Capital. The deal includes an equity contribution from investors such as DN Capital, Venture Friends and dmg ventures.

factory 14, founded in 2021 by CEO Guilherme Steinbruch, Marcos Ramírez and Gianluca Cocco, is building a business by acquiring marketplace sellers which are Amazon-based. The company says it already acquired 4 such small retailers and expects to produce $20 million in EBITDA by the end of 2021.