ManoMano has further plans for Germany, Spain and Italy

ManoMano has announced the completion of its Series-F financing to the amount of USD 355 mio (EUR 300 mio). The online marketplace, specialised in DIY, home and garden with headquarters in France, wants to use the financial resources to continue its growth, particularly in Germany, to build up its B2B offer in Spain and Italy, to further develop customer- and seller-focused innovation technologies and to establish the European logistics network Mano Fulfillment. In order to achieve its goals, the company plans to more than double its staff and, by the end of 2022, to take on around 1 000 new employees.
The financing round has been led by the new investor, the Dragoneer Investment Group, with involvement of the existing investors Investoren Temasek, General Atlantic, Eurazeo, Bpifrance, Aglaé Ventures, Kismet Holdings and Armat Group.
With USD 725 mio (EUR 612 mio) which were raised by Philippe de Chanville and Christian Raisson within eight years of being founded, ManoMano is now valued at USD 2.6 bn. "It is our goal to be the first port of call for all DIY, home and garden projects," says Philippe de Chanville. "By providing access to a highly qualified DIY audience and an extensive offer of category-specific services, we also want to be the preferred partner for all European traders who wish to expand their online business in our industry," he adds.