PAPA OSCAR Fashion Group GmbH becomes part of the Deutsche Börse Venture Network
Frankfurt, August 23, 2019 – PAPA OSCAR Fashion Group GmbH, Germany’s leading early-stage investment company for fashion and lifestyle companies, has become part of the Deutsche Börse Venture Network, an initiative to support emerging companies in their pre-IPO stages.
“With the Venture Network of Deutsche Börse, we have found the ideal platform to manage our steep growth. The expertise of over 185 companies, 380 investors, 7 successful IPOs and more than $ 3.57 billion in raised capital will also fuel our expansion and benefit our current 16 investments,”said Christian Ogait, founder and CEO of PAPA OSCAR.
The Deutsche Börse network currently has more than 450 members. It was founded in 2015 to improve the financing situation of start-ups in Germany and make them visible to investors. Meanwhile, more and more young European companies are joining the platform, where more than half of the investors come from countries abroad.
“The qualitative requirements for the Venture Network membership, such as an annual growth of more than 100% and the financing volume as well as the annual turnover of at least one million euros, speak for the exclusivity of the program initiated by Deutsche Börse. “Being a member of the network will enable us to grow even faster and underpins our leading market position in DACH,”commented Hartmut Retzlaff, the Advisory Board Chairman and investor of PAPA OSCAR Fashion Group.
The goal of the Deutsche Börse Venture Network is to build a growth network to help companies seek capital and provide exclusive access to capital markets. As soon as they have successfully established themselves on the market, the venture network prepares the companies for a possible IPO.
About Deutsche Börse Venture Network:
The Deutsche Börse Venture Network has been in existence since June 2015. The aim is to improve the financing situation of start-ups in Germany and to build an ecosystem for growth. It consists of three pillars including financing, networking and training. Its members include more than 185 companies and more than 380 international investors. All in all, the start-ups represented in the network were able to collect around 3.57 billion US dollars in 97 rounds of financing. Seven companies which were previously part of the network are now listed on the Frankfurt Stock Exchange.
About PAPA OSCAR Fashion Group GmbH:
PAPA OSCAR Fashion Group GmbH (www.papaoscar.de) was founded in 2017. The company is an early-stage investment company with a focus on early-stage investments for companies in the fashion and lifestyle sectors.
The company’s high-performance platforms leverage the group’s strategic, operational and functional expertise by leveraging resources, capabilities and best practices to increase efficiency and profitability in its portfolio companies.
With 16 current investments in fashion and lifestyle brands, the company is aiming to triple its combined sales from its holdings in 2019.
Further information can be found at: https://www.papaoscar.de
Sophie Holl PAPA OSCAR Fashion Group GmbH
E-Mail: firstname.lastname@example.org Direkt: +49 69 / 3487146-31 Mobile: +49 178 2182744