Gravity raises $15m in equity and debt
Info Edge Ventures and 3one4 Capital co-led financing for interior-material supply infrastructure.
Gravity raised $15 million in combined equity and debt financing co-led by Info Edge Ventures and 3one4 Capital. Alteria Capital, Genesia Ventures and angel investors participated.
The funding will strengthen technology, distribution and key-account infrastructure, support brand building and working capital, and add interior-material categories. Gravity's initial kitchen and wardrobe businesses provide a base for expansion into doors, lighting and other categories.
Use of funds
Strengthen technology, distribution and key-account infrastructure
Expand into adjacent interior-material categories
Brand building and working capital