Watches
Panerai
Panerai raises $1B Private at $2B valuation
$1B
Total Raised
Private
Latest Round
1860
Founded
1000+
Employees
Piazza San Giovanni 14, Florence 50122, Italy
1 min read
Quick Facts
Valuation
$2B
Latest Round Size
$1B
Latest Round Date
January 2024
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
Key Investors
Richemont
Lead Investor
Verified investor in Private
About the Author
Editorial Team
Curated funding news from verified sources
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