Information Technology
Avassa Closes New Round of Funding, Welcomes H&M Group as Strategic Investor
H&M Group has selected the Avassa Edge Platform as a key component in a broader redesign and innovation initiative for their in-store IT infrastructure. Building on this collaboration, H&M Group's investment arm, H&M Group Ventures is now extending their engagement with Avassa by investing in the continued growth of the company, alongside Avassa's existing investors, Fairpoint Capital, and Industrifonden.
says Fredrik Lundberg , CEO and co-founder of Avassa.
says Katharina Gromotka, Investment Manager at H&M Group Ventures.
With this strategic collaboration with H&M Group, Avassa continues their commitment to offering a leading edge management and operations platform at a global scale.
Marketing Manager
amy@avassa.io
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