Business Angels Invest £300,000 in Furniture Start-up

Business angel network Beer & Partners have helped entrepreneur Sally Chamley secure £300,000 from angel investors for her luxury furniture design business, Black Orchid Interiors.

The deal includes one of the expert business angels joining the board of directors. The company which sells luxury furniture online has achieved a turnover of more than £300,000 within three years shrugging off the effects of the recession and bucking the trend of home interiors companies that have succumbed to a fall in consumer spending

James Leay of Beer & Partners said “I was keen to put Sally’s business to our investors at the May investment fair where she met 12 experienced investors who wanted to continue discussions, within 3 weeks we had an offer for the full amount of investment.”

Tags: , , , ,

MediaModo Network
Get Adobe Flash player
Read previous post:
Online Education Start-up Gets $1 million of Business Angel Funding

San Francisco based start-up Udemi a web based platform allowing anyone to teach via the Internet has just secured $1...