Vestiaire Collective raises 40 million euros to fuel international growth

French luxury resale platform Vestiaire Collective has raised 40 million euros (approximately 45 million US dollars or 35.5 million pounds) in a new financing round led by Bpifrance and new CEO Max Bittner, who joined the company in November, 2018. Existing shareholders Eurazeo Growth, Vitruvian Partners, Idinvest Partners and Balderton Capital also reinvested in the round. Condé Nast International and Ventech, which have invested in Vestiaire Collective in the past, did not participate in the new round.