Tylko’s €22 Million Series C Funding Round

White & Case LLP advised the lead investors on the deal, while Kondracki Celej advised Tylko.

Tylko executed its Series C funding round, one of the largest recent financings of its kind in Poland.

Tylko will use the Series C capital to continue to invest in its supply chain, develop and create new sustainable and durable materials suitable for the furniture industry, and improve delivery, packaging and logistics processes to ensure an efficient supply chain and improve the customer experience. Additionally, the new funding will support further expansion into markets beyond Europe as well as the launch of new product categories.

Israel-based Pitango Growth and Finnish Evli Growth Partners acted as lead investors on the transaction.

Created in 2015, Tylko is a Polish digital-first furniture company which serves almost 60,000 customers via an online-only, direct-to-consumer, made-to-order approach.

The White & Case team in Warsaw which advised on the transaction included local partner Michal Petz (Picture) and associate Artur Kloc.

The Kondracki Celej team was led by Managing Partner Rafal Celej and Senior Associate Karolina Piotrowska-Andryszczyk.

Involved fees earner: Rafal Celej – Kondracki Celej ; Karolina Piotrowska-Andryszczyk – Kondracki Celej ; Artur Kloc – White & Case; Michal Petz – White & Case;

Law Firms: Kondracki Celej ; White & Case;

Clients: Evli Growth Partners; Pitango Venture Capital; Tylko ;

Author: Federica Tiefenthaler