By Sonya Rabbitte, 30 June 2000 15:00
NEWS Online fashion retailer, Haburi.com, has received £8m in second round funding to complete its European expansion. Venture capital firms 2M Invest, UniInvest and Venture Partners, who injected £7m of first round funding in April have contributed to the new cashflow. In addition, the new investors include three Danish companies, IT supplier Maersk Data, department store chain Magasin, and insurance group Tryg-Baltica. Haburi.com sells discounted designer clothes online. To date, it has launched in 14 countries.
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