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Investors Test Mexican E-Commerce Waters With $2.5 Million Investment In Online Furniture Retailer

Investors Test Mexican E Commerce Waters With $2.5 Million Investment In Online Furniture Retailer

GAIA Design, the Mexico City-based online furniture retailer, has raised $2.5 million from a coterie of Mexican and international investment funds and super angels, as interest in startups south of the US border picks up.

The round was co-led by the Mexican investment fund Capital Invent and emerging market venture capital fund Rise Capital (led by a former manager of the wildly successful emerging market hedge fund investment firm Tiger Global).

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