Renzenbrink & Partner advised The Stryze Group on its first financing round.<\/p>\n\n
As a start-up in the e-commerce business, The Stryze Group intends to grow rapidly by pursuing a buy, build and level-up strategy, whereby it acquires e-commerce companies and brings them together under one roof. ManuCo GmbH, a major e-commerce player originally founded by Sebastian Funke, one of the founders of The Stryze Group, forms the basis for The Stryze Group’s growth. <\/p>\n\n
The start-up is backed by Carsten Maschmeyer’s Alstin Capital, Upper90 (a leading alternative credit manager based in New York City) and a German institutional investor as investors. The latter two also provided the debt financing for the intended acquisitions. <\/p>\n\n