Announced
Completed
Synopsis
Union Grove Venture Partners, a venture capital firm, led a $36m funding round in Oliver Space, a technology-enabled furniture company, with participation from Mayfield Fund, USVP, Expa Capital, Abstract Ventures, LG Technology Ventures, and Avenue Capital Group. "For decades, the furnishing experience has been excruciating for consumers, and it starts with the broken cycle of furniture. Consumers wait months for expensive furniture to arrive, and are faced with a laborious used furniture resale experience that leads many to throw pieces out on the street. Furniture is America's largest imported consumer product category, yet at the same time it is the second largest source of urban waste, with 20 billion pounds of furniture going to landfills every year," Chan Park, Oliver Space CEO and Co-Founder.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.