Inimini Raises €260k in Swedish Shark Tank

Funding Rounds

Summary

Inimini, formerly Minikit, raised 260,000 euros from a group of business angels after appearing on a Swedish TV show similar to Shark Tank. The company sells second-hand children's clothing and uses technology such as AI-driven image editing and automated pricing to support its business. It plans to use the new funding to improve its technical product, expand marketing, and add warehouse capacity. The company also saw a surge in site traffic after the broadcast, which highlighted strong consumer interest. The deal gives Inimini its first female investor in the alliance and values the business at 15 million SEK.

$ Funding

$
Amount $24.7K Total raised
Date October 8, 2023 Announcement date
Investors Breakit Lead investors
Company inimini.se Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies