- June 14, 2016
- Posted by:
- Category: FundingSMEs.com
Lux secures $3.5 million Series A funding led by IDG Capital Partners and FreesFund.
Founded in 2015, Lux provides a mobile app featuring curated lists to inspire home stylists and users, who can search for products and ideas and shop on the app with no need to switch between apps or type a product number into a search engine.
The company will use the new funds to grow its team in San Francisco, and further establish the platform as the premier destination for affordable, on-trend home décor. LUX will also expand its innovative merchandising efforts, zeroing in on virtual and augmented reality shopping experiences, with plans to integrate these initiatives in-app this summer.
|City||San Francisco, California|
|Founder / CEO||Jeff Zhang|
|Investors||IDG Capital Partners|