Navabi completed its Series D financing round. With its investment in the online dealer specialising in plus size ladies fashion, Bauer Ventures joins the venture capital funds Index Ventures, Seventure Partners, DuMont Venture and Klaus Wecken. The round‘s total investment volume amounted to EUR 25m Euros including an equity for media arrangement with the Bauer Media Group.
Taylor Wessing advised navabi on all relevant legal issues connected with the stake taken by the new investor.
Legal advisors to navabi GmbH:
Taylor Wessing: Lead – Hassan Sohbi, Corporate M&A partner; Olga Radjuk, Marvin Singh, Corporate M&A associates; all Frankfurt.
Legal advisors to the Founders:
WSS Redpoint Rechtsanwälte: Peter Siedlatzek, Corporate M&A partner.