Congratulations to portfolio company LoveCrafts, who recently raised $20m from Highland Europe and Balderton Capital. This brings the total funding raised by the company to $30m.
LoveCrafts understand that it is an amazing time to be involved in the $100bn craft industry. Where previous generations made items out of necessity, today people are drawn towards craft because they see value in handmade and get satisfaction from the process of creating.
The team at LoveCrafts have solved complex technical and supply chain problems to expertly blend the trifector of content, community and commerce. We are very excited to continue to work with this exciting company.