Tech accessories brand Knomo raises £1 million investment

Private equity investor Hattington Capital has led a growth capital injection into Knomo so that the accessories company can build out its e-commerce platform and product offering.

Set up in 2004 by two friends wanting a change from their corporate lifestyles, Knomo has turned to equity investment to fuel the next stage of its development.

The business, which produces products aimed at ‘life-on-the-go’, sells its items in 35 countries including the US, China and Canada.

Small-cap private equity investor Hattington Capital is leading the £1 million transaction, alongside angel investor Martin Braddock, as well as providing expertise in e-commerce, marketing and business strategy.

Howard Harrison, CEO and co-founder of Knomo, comments, ‘The last year has been an exciting and pivotal one for Knomo with the implementation of a more focused e-commerce and wholesale strategy.

‘We plan to develop as a curated destination site for distinctive accessories designed for an inspired mobile life, and grow our wholesale business internationally in key locations.’

Knomo says that the investment represents its most ‘significant’ funding round to date and involves the integration of Hattington Capital partner, and former Tesco commercial director, Barney Burgess to the company board.

A period of new design development and e-commerce platform improvement will now begin as the company looks to build on partnerships which already include John Lewis, Harrods and Nordstrom.

Burgess says, ‘We are very excited to be able to participate in and help develop this business. Knomo is a unique company creating groundbreaking products for the technology-focused consumers on the move.’

Knomo’s latest product, the Knomad is a portable organiser integrating a tablet sleeve, device-charging battery, USB and cable departments and credit card slots. The branded portable battery pack means that devices can be charged on-the-go.

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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