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JUNIQE Raises €14m Series B

Juniqe founders Marc Pohl, Lea Lange, Sebastian Hasebrink

JUNIQE, a Redalpine Capital II portfolio company and Europe’s leading marketplace for curated art, has raised €14m in Series B funding. The round was led by Highland Europe, investor in other high-growth companies such as GetYourGuide and Outfittery. Existing investors Redalpine, leader of the Seed funding round in 2014, as well as Vorwerk Ventures and High-Tech Gründerfonds completed the round.

From wall art to zeitgeist lifestyle products, JUNIQE connects artists and designers with consumers who are looking to express their personal style and passion for art. Launched in 2014, the Berlin-based startup already ships to thirteen countries across Europe, generating over 40% of its revenue outside Germany. Following year-on-year revenue growth of 500% in 2015, co-founders Lea Lange, Marc Pohl and Sebastian Hasebrink expect a threefold increase in revenues this year, meaning that JUNIQE is on track to becoming Europe’s market-leading online destination for curated and design-led art.

The investment proceeds will be used for growth and expansion across the European market and double-down on investments in technology and product, to offer the best and most effective toolkit for artists and art lovers alike.

This significant funding round has been widely covered in the media: TechCrunch highlights the new investor’s track record in that space, citing previous investments VistaPrint and PhotoBox. Wirtschaftswoche shares the excitement about new interactive tools to come to help art buyers “test” their favorite motifs online and Gruenderszene ran an interview with founder Lea Lange on that occasion.

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