DillySocks closes growth funding round

 

The Swiss colored socks label DillySocks has successfully closed a growth funding round of CHF 0.7M with institutional and private investors.

 

The Innovationsstiftung der Schwyzer Kantonalbank and several private investors including André Günter and Marc Ocskay from AVM smartmoney have invested in DillySocks. The Swiss colored socks label was founded in 2013 by Sean Pfister, Fabian Knup, and Claudio Lumbiarres. “The founder team has shown extraordinary early success in establishing a strong brand in Switzerland. A strong team, creative designs, a responsible approach to sustainability, combined with a smart approach to a multi-channel sales strategy demonstrate a promising position to further expand the business also internationally”, says André Günter who will join the board of directors as investor director. Besides style, uniqueness, and comfort, the company focusses on sustainable production and packaging. That’s why every pair of socks is lovingly produced in Portugal under the Oeko Tex Standard 100, using high-quality European cotton, and the packaging uses recycled paper and 100% biodegradable PLA instead of plastics. (Press release / SK) Bild: Sean Pfister, Damian Janzi, Fabian Knup (left to right).