SevenVentures makes big bet on plus-size retailer Navabi in ‘media for equity’ deal

SevenVentures, the investment arm of the media conglomerate ProSiebenSat.1 Group, has received equity in online retailer for plus-size fashion Navabi, in exchange for media exposure that the former says will represent a “double-digit million” amount. All previous investors at Navabi, including Index Ventures and Verdane, remain on board. Navabi is using the round to achieve […]