Watches
Panerai
Panerai raises $1B Private at $2B valuation
Piazza San Giovanni 14, Florence 50122, ItalyJanuary 1, 20241 min read
Total Raised
$1B
Valuation
$2B
Latest Round
Private
Employees
1000+
Panerai: Private Funding Round
Panerai has successfully raised $1B in Private funding, reaching a valuation of $2B.
Company Overview
Italian luxury watch manufacturer
Funding Details
The Private round was led by Richemont.
Company Information
- Headquarters: Piazza San Giovanni 14, Florence 50122, Italy
- Founded: 1860
- Employees: 1000+
- Category: Watches
Investment
Panerai plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Richemont: Verified investor in Private
Company Info
Headquarters
Piazza San Giovanni 14, Florence 50122, Italy
Founded
1860
Team Size
1000+
Last Round
$1B(Jan 2024)
Investors (1)
R
RichemontLeadLead Investor
Verified investor in Private
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