Recently, Munich-based German luxury second-hand bag reselling website Saclàb completed a €1.6 million seed funding round led by Estonian private equity company Trind Ventures and German venture capital firm G-Fund.
According to reports, German second-hand luxury handbag reseller Saclàb plans to use the €1.6 million seed funding to expand marketing, its human resources, and upgrade its basic technology infrastructure. The company aims to increase its performance tenfold but has not disclosed its current performance.
Founded by siblings Alexandra Stück and Jan-Oliver in 2018, Saclàb …