Amsterdam-based fashion e-commerce startup Otrium has raised $120M (approx €102.27M) in a Series C round of funding. In addition, the company has also announced its launch in the US and aims at reducing unsold fashion in the future.
Investors and the use of new funds
The current round was co-led by BOND and Index Ventures. The round also saw participation from existing investor Eight Roads Ventures. With this development, Juliet de Baubigny, a general partner at BOND, will join Otrium’s board of directors.