Venture Design has acquired Cura of Sweden, a leader in weighted blankets, to bolster its position in the home décor market and capitalize on the growing demand for sleep health products.
Target Company Overview
Cura of Sweden, established in 2017 in Sundsvall, has emerged as a prominent provider of weighted blankets and innovative sleep products. The company gained substantial traction during 2019-2020, thanks to heightened media visibility and strategic partnerships. Over the years, Cura has successfully expanded its international presence, collaborating with major retailers such as IKEA, JYSK, MIO, and Hemtex. Recently, Cura has shifted its focus towards direct-to-consumer (D2C) sales, primarily leveraging its own e-commerce channels and platforms like Amazon to drive growth.
Industry Overview in Sweden
Sweden's home furnishings industry has witnessed steady growth, propelled by increased consumer interest in wellness and home comfort solutions. As part of a broader European trend, the Swedish market emphasizes quality, innovation, and sustainability, particularly within the sleep health category. The integration of e-commerce in furniture retail has also transformed the industry dynamics, enabling companies to reach consumers more directly and effectively.
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The growing focus on sleep health contributes significantly to the current demand for products like weighted blankets, which are widely recognized for their potential mental and physical health benefits. This trend highlights the opportuni
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Venture Design
invested in
Cura of Sweden
in 2023
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $7M