Tiny Library receives seed investment from ifund and Shamrock
Tiny Library is a Product-as-a-Service (“PaaS”) platform for the rental of a variety of baby products. With this €600.000 financing round led by ifund, Tiny Library will be able to accelerate growth in marketing, logistics and technology.
Tiny Library is a Dutch platform where one can rent baby- and children’s products from renowned brands. A consumer thus always has access to a high-quality, like-new product while contributing to a circular economy. A solid foundation will be built in the Netherlands, before looking abroad for further growth. The ambition is to become a pan-European market leader in ‘baby-products-as-a-service’.
Julie Munneke, founder of Tiny Library: “With ifund and Shamrock Ventures, we have found the perfect partners. Ifund coming from their comparable mission to accelerate the sustainability transition, and Shamrock Ventures from their deep tech-expertise and extensive network. In this way, both partners can really strengthen the further development of the platform.”
Imro Dawson, investment manager at ifund: “We are delighted with this new collaboration and look forward to the impact Tiny Library will be able to achieve. From the beginning, there was an immediate fit which resulted in a smooth process. We have a lot of confidence in Julie and the rest of the team, and see many opportunities for Tiny Library in the Netherlands and beyond.”
Earlier this year, Julie participated in Dragon’s Den, where she earned a €500.000 pledge. With ifund and Shamrock Ventures on board, Tiny Library now has two strategic partners with which the company can realise its ambitious growth plans.
For more information, see the press release (in Dutch).
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