ManoMano, a French DIY website, has raised €60m to try to take on bricks-and-mortar DIY retailers in Germany and the UK, where chains including B&Q and Homebase have suffered big falls in sales.
Founded in 2013 in Paris, ManoMano sells DIY tools, products and furniture from a network of merchants, and is on track for sales of €280m in 2017, up from €89m last year targeting the transition of DIY sales online.
Its latest fundraising round was led by General Atlantic, the private equity and venture capital firm.
