Gravity raises $15 million to expand home interiors platform
In short
Gravity, a home interiors startup founded by former Livspace executives, has raised $15 million. It plans to grow beyond kitchens and wardrobes and move into doors, lighting, wall surfaces and home automation.
This could help the company widen its business and offer more home products. The report does not say who invested or what the deal values the startup at.
What the reporting says
Home interiors startup Gravity raised $15 million, according to the reporting, as it looks to expand beyond kitchens and wardrobes. The company, founded by former Livspace executives, plans to move into doors, lighting, wall surfaces and home automation while building a wider materials platform. The reporting does not say who led the round or what valuation it implied.
Why it matters
Gravity raised $15 million and said it plans to expand from kitchens and wardrobes into doors, lighting, wall surfaces and home automation. The company is backed by former Livspace executives, according to the summary. The immediate market impact is not stated, and the reporting does not identify the investors, valuation, or timing beyond the current announcement.