Razor Group GmbH, a Berlin based e-commerce company, has received EUR 25 million in a Series A financing round. An amount of EUR 15 million was provided as debt by the London based venture debt fund Claret Capital, and an amount of EUR 10 million was invested by existing shareholders as equity financing. The equity financing round was led by the Swiss VC fund Redalpine as lead investor. In addition, 468 Capital, Presight Ventures, and Global Founders Capital also contributed to the round.
Razor Group's business model is based on the acquisition of Amazon FBA ("fulfilled by Amazon") shops, which stand out due to high product quality and strong customer reviews. The business performance of the shops acquired will subsequently be increased under the umbrella of Razor Group.
GLNS provided Razor Group with comprehensive legal advice through its partners Dr. Daniel Gubitz (Corporate, Equity Financing) and Dr. Anselm Lenhard (Finance, Debt Financing) as well as associate Eva Karolina Maier (Corporate, Equity and Debt financing). GLNS had already advised Razor Group through Dr. Daniel Gubitz and Eva Karolina Maier in its EUR 5 million seed financing round, which was concluded only three months ago. Redalpine was advised by a team from Osborne Clarke led by Nicolas Gabrysch, and Claret Capital by a team from Taylor Wessing led by Claus Goeddecke.