Investment funds BVP and Abbey International involved along with Permanent TSB
IBI Corporate Finance led the fundraise in conjunction with Chupi’s financial advisers, BLG Financial Consultants, it said.
Ms Sweetman added that Chupi, which she founded 10 years ago and now exports to 69 countries, “didn’t need a vanity raise” nor are she and Mr Durney “looking for a fast exit” from the business.
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