Advoro advises NIKIN on its crowd-funding round

NIKIN, the eco-friendly Swiss fashion brand that plants a tree for every product sold, has just raised 5 million CHF in its successful crowd-funding round. NIKIN’s crowd-funding round comes in as the second largest of its kind.

With over 4,000 investors, NIKIN has not only raised funds but has also strengthened its ties with their customers, many of whom have become shareholders and demonstrated their commitment to a green future. Founded on 2016, the sustainable Swiss clothing brand  has a team of 50 employees and is one of the few clothing brands to generate over 10 million CHF in annual sales in a challenging industry without external investors.

Advoro has acted as the transaction counsel for NIKIN on all legal aspects of the crowd-funding. The legal team was led by partners Boris Räber (pictured left) and included Kevin Kleger (pictured centre) and Adriano Maissen (pictured right).