The 3Stream investment fund intends to invest 100 million rubles in the domestic startup SONNO. The first money transfer, the amount of which has not been disclosed, has already been completed; the rest of the money will be received by the home goods manufacturer after reaching revenue targets: 200 to 500 million rubles until the end of 2024.

The 3Stream Foundation invested in the national brand SONNO

The private investment fund is part of TilTech Capital (TilTech Group), founded in 2017 with the support of the companies Agama (founder – Yuriy Alasheev), Vkusville (founder – Andrey Krivenko) and ChemRar (founder – Andrey Ivashchenko), recalls Forbes . who found out about the deal.

The home goods brand SONNO was founded in 2019 by Stockholm School of Economics graduates Vadim Smirnov and Konstantin Sobolkov and specializes in the production of bedding, pillows, blankets, blankets, accessories and bedroom fragrances.

The investments will allow the company to expand its business, develop a network of offline boutiques and expand its customer audience.

Author:

Ekaterina Alipova

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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