04. NOV. 2015
CHRONEXT raises a $5.3m venture round to win the online luxury watch marketplace market
Partech Ventures, InVenture Partners, MGO Digital Ventures, Altus Capital and Playfair Capital invest in online marketplace for luxury watches
CHRONEXT, the leading platform for buying and selling luxury watches, has closed a $5.3m venture round from Partech Ventures, InVenture Partners, MGO Digital Ventures, Altus Capi- tal and Playfair Capital. Existing investors Capnamic Ventures and NRW.Bank, as well as several business angels, also participated anew. Founded in 2013, the business will deploy the fresh capital into marketing, technology and customer success to bolster its position as the de facto destination for purchasing, selling or servicing luxury timepieces. The company will also focus on expanding its market share in German-speaking Europe and the UK.