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Stylemarks Closes Funding Round; Joins Hub:Raum Incubator

Stylemarks Closes Funding Round; Joins Hub:Raum Incubator

Stylemarks was one of the startups in the first program at Deutsche Telekom’s hub:raum accelerator, which came to a close earlier this month. And the team behind the mobile marketplace for vintage fashion and design its enjoyed the experience so much they have become the second entry into hub:raum’s incubator.

The startup focuses on giving second-hand shopping a new twist and creating a community around the marketplace – and it has done well enough to attract additional funding from Venista Ventures and Max Thyssen’s Family’s Venture Capital. The round overall was reportedly in the mid-six digits.

Founded last year by Oliver Bronner, Marc Linneweber, Stefan Decker and Andrey Bezyazychniy, stylemarks started the hub:raum accelerator in November. Oliver, the CEO, said: “In hub:raum we have found a very important strategic partner which can support us in the early stages not just financially but also professionally and this offer an ideal environment to achieve our product vision.”

Having seen the first accelerator program come to a close, hub:raum’s Peter Borchers told Silicon Allee that their focus would be shifting: “We are a startup ourselves with a small team and what we want to do now for the next few months is focus more on building the incubator.” The arrival of stylemarks is the first part of that, and in a joint statement, Borchers and Min-Kin Mak, the head of hub:raum, said: “The idea of developing the market for vintage design with mobile technology and creating a mobile platform for this community has convinced us. Also, seeing how the team behind stylemarks is so passionate for their idea made the decision easier.”

Although details of the funding were not released, the hub:raum incubator provides up to €300,000 in seed money. Stylemarks, meanwhile, is planning to release its iOS app next month.

About David Knight

David is co-founder and Editor-in-Chief of Silicon Allee. Originally from London, he has lived in Berlin for over seven years, having previously worked for news portals including Bild.de and Spiegel Online before helping to found Silicon Allee in 2011.


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