Laced Receives €11.2 Million Investment

Laced is a startup with the goal of providing fairer access to sneakers. It raised €11.2 million in an A round led by Talis Capital. Other investors include H&M Group Ventures, the investment company of H&M Group. Previous Series A round investors include BY Venture Partners and Truesight Ventures. There are also a number of prominent angel investors, including Bart Swanson, a current board member at Impossible Foods and formerly at Zoom, and Co-Founder Eric Archambeau.

Also Read: Worldcoin Receives $115 Million Investment

H&M Group Invested in Laced!

Laced is a startup founded in 2018 by CEO Chris Gibbons. Laced brings together buyers and sellers of rare, exclusive and desirable sneakers and luxury goods by providing a secure, transparent and easy-to-use service for collectors and enthusiasts. Laced offers an industry-leading product verification system that is much faster than other marketplaces, same-day order processing, delivery every day of the week and same-day payment. This allows users to shop more securely and efficiently.