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	<title>purefun &#8211; Øresund Startup News</title>
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	<link>https://oresundstartups.com</link>
	<description>Tracking the Copenhagen, Malmö and Øresund region startup scene!</description>
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		<title>Purefun Invests in Ava Stories to Fuel Growth in Sextech</title>
		<link>https://oresundstartups.com/purefun-invests-in-ava-stories-to-fuel-growth-in-sextech/</link>
		
		<dc:creator><![CDATA[Karsten Deppert]]></dc:creator>
		<pubDate>Wed, 20 Sep 2023 07:59:33 +0000</pubDate>
				<category><![CDATA[Startup News]]></category>
		<category><![CDATA[purefun]]></category>
		<guid isPermaLink="false">https://oresundstartups.com/?p=17720</guid>

					<description><![CDATA[<p>Helsingborg based e-commerce company Purefun, specializing in adult products, is set to become a stakeholder in Stockholm based sextech startup Ava Stories, with a vision to accelerate its expansion. Purefun&#8217;s recently announced it will invest and take a 20% stake in Ava Stories, to strengthen it&#8217;s commitment to the audio erotica segment for women. The [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://oresundstartups.com/purefun-invests-in-ava-stories-to-fuel-growth-in-sextech/">Purefun Invests in Ava Stories to Fuel Growth in Sextech</a> appeared first on <a rel="nofollow" href="https://oresundstartups.com">Øresund Startup News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Helsingborg based e-commerce company Purefun, specializing in adult products, is set to become a stakeholder in Stockholm based sextech startup Ava Stories, with a vision to accelerate its expansion. </p>



<p>Purefun&#8217;s recently announced it will invest and take a 20% stake in Ava Stories, to strengthen it&#8217;s commitment to the audio erotica segment for women. The partnership aims to capitalize on strong synergies and expand Ava Stories&#8217; market share.</p>



<p>Purefun reported a turnover of € 16 million last year, with profits of over € 1 million. CEO Michael Ahlén has earlier emphasized the need for strategic growth while managing costs. The move into audio erotica represents the company&#8217;s acceleration strategy.</p>



<p>Ava Stories, founded by Rosanna Thun and Linnea Taube three years ago, has attracted significant attention and investment from notable figures such as artist Silvana Imam and model/actress Frida Gustavsson. </p>



<blockquote class="wp-block-quote">
<p id="block-a053f6de-5e33-4763-95bc-5d4f246532bb">&#8220;We are very excited to have Purefun as a new strong owner. It creates strong synergies between our companies, increases Ava&#8217;s market share, and strengthens our overall position.&#8221;</p>
<cite>says Rosanna Thun, CEO of Ava Stories to <a href="https://www.breakit.se/artikel/37647/purefun-koper-in-sig-i-sextech-bolaget-ava-stories-starka-synergier">breakit</a>.</cite></blockquote>



<p>The financial details of the deal have not been disclosed, but both companies are enthusiastic about the opportunities this partnership presents. </p>
<p>The post <a rel="nofollow" href="https://oresundstartups.com/purefun-invests-in-ava-stories-to-fuel-growth-in-sextech/">Purefun Invests in Ava Stories to Fuel Growth in Sextech</a> appeared first on <a rel="nofollow" href="https://oresundstartups.com">Øresund Startup News</a>.</p>
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