YABA, a leading Amazon brand aggregator in Southern Europe, founded in 2020 by Alejandro Fresneda, David Baratech, Rubén Ferreiro, Sergi de Pablos, and Patxi Archanco, has closed an USD85 million equity and debt financing round.
The deal was led by international funds such as US venture capital firm Crossbeam Venture Partners, a venture capital firm that focuses on the themes of platform economies, fintech, novel asset classes, and new forms of media, and Tikehau Capital, an alternative asset manager with USD38 billion of assets under management, through its special opportunities’ strategy. The latter has also committed to support the growth and development of the company.
Other venture capital firms also participated in the transaction, including 10x Founders, Bonsai Partners, Aldea Ventures, JME Ventures, and Inveready, as well as prominent family offices and business angels from Latin America, Spain, France, and Italy.
The funds raised in the round will allow the company to continue to grow by acquiring new Amazon sellers, as well as by adding talent and increasing marketing investment in the brands it has acquired to help expand its business.
