Jul 20, 2017  Düsseldorf / Germany

Further investment in on-demand laundry & dry cleaning service

Henkel announces increased investment in Zipjet

Henkel, existing shareholder in the on-demand laundry and dry cleaning service Zipjet, increased its total investment in the business. Henkel’s Laundry & Home Care business unit has been a strategic investor in the startup since August 2016.

After its initial launch in London in November 2014, the laundry startup has since cleaned up in Berlin and Paris, with expansions in January 2015 and May 2016 respectively. Backed by Rocket Internet, venture capital firm btov and a series of strategic investors, Zipjet is now keen to further consolidate its position in continental Europe.

Zipjet’s Co-Founder & Managing Director, Florian Färber, said: ‘’We are delighted to announce Henkel’s decision to increase their investment. This development demonstrates that our investors are confident about Zipjet’s prospects and excited by our ambitious growth plans for this year. With the additional investment we will continue to strengthen our position in Europe, invest more in improved operations, marketing & new product features".

Thomas Schuffenhauer, Head of Corporate Venturing at Henkel Laundry & Home Care, said: ‘’Digital services will become increasingly important, with more and more consumers adopting on-demand solutions. This is why, besides leveraging our own services, we also invest in Zipjet’s promising business model.’’

About Zipjet

Zipjet is Europe's leading on-demand laundry & dry cleaning service. Founded by Florian Färber and Lorenzo Franzi in London in 2014, the company has since expanded to Berlin (2015) and Paris (2016). Zipjet's mission is simple: to revolutionize the way laundry is done, liberating consumer tedium and enabling customers to unlock new time. With high quality cleaning and turnaround in as little as six hours, Zipjet promises to take the hassle out of laundry. Simple.

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