MMC Ventures portfolio company Appear Here has raised a £12m funding round led by Octopus Ventures with participation from MMC, Balderton Capital, Meyer Bergman and Playfair Capital. Appear Here is a world-leading online marketplace for short-term retail space.

In April, the company announced that it had expanded its presence to New York. The new funding round will support that effort, and be used to finance further international expansion. Appear Here has worked with hundreds of brands, including Nike, Loewe, Givenchy, Coca-Cola and Net-a-Porter.

Ross Bailey, the CEO, commented: “This is the perfect time for us to scale; we’ve got offices in London, Paris and New York, and now we’re looking forward to launching more tools and opening up new locations for our growing community to take their ideas to the next level.”

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