Operational since January, Rainforest has acquired three brands to date in the home and personal care categories.
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Singapore e-commerce brand aggregator Rainforest has launched with a seed financing round of US$36 million ($48.16 million) to buy and grow digital-native brands.
The funding round consisted of US$6.5 million in equity financing, led by London-based Nordstar, with participation from Insignia Venture Partners, and a US$30 million debt facility from a USA-based debt fund.
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