Crowdberry is investing up to €12m in online socks retailer Dedoles

Investment platform Crowdberry (Peter Bečár) is investing up to €12m in online socks retailer Dedoles (Jaroslav Chrapko). This is the investment’s cap; its volume can be lower. The money will be used to consolidate the company’s finances and expand in Western Europe. The investor's entry is part of a restructuring plan after the firm failed to cope with a drop in demand after the pandemic and wrote off €8m of its €26m debt.

(forbes.sk)