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Cambridge Satchel Company Secures Investment

The satchel business has received a cash injection of US$21m from venture capital investment firm Index Ventures, permitting international expansion and new product launches. Founded in 2008 by Julie Deane, the company announced sales of £13m with £5m pre-tax profits. Index partner Giuseppe Zocco stated: “We have no doubt that she has the ambition to continue to develop The Cambridge Satchel Company as a world-renowned brand.”

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