Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Notonthehighstreet.com secures £21m investment

Etailer Notonthehighstreet.com has secured £21m from investors to fund further growth at the business.

notonthehighstreet.com

notonthehighstreet.com

The fundraising was led by German media investor Hubert Burda Media as well as existing investors Index Ventures, Industry Ventures and Eight Roads Ventures.

The firm will use the money to invest in its technology, innovation, marketing and operations.

The etailer said it will use the capital on technology and marketing for the website to win new retail partners.

Chief executive Simon Belsham: “Finding an investor that shared our vision and could provide strategic support, as well as new funds to support our multi-year growth plan, was key. Burda has a longstanding reputation as an investor in cutting-edge consumer and technology businesses and an international reach that will help us accelerate the potential we see both at home and overseas.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.