The Clark Group, former backers of Links of London, has also invested £1m as part of the deal.
The new funding will be used to accelerate growth plans, including additional UK own-brand shops and international distribution. Beringea initially invested in Monica Vinader in 2010 to help the business finance the first shop in London.
The business began trading in late 2007 and also has two franchises currently operating in Spain.
Karen McCormick, partner at Beringea, said, “Since investing in 2010, Monica and Gabriela Vinader and their team have exceeded all expectations, and we are delighted to be associated with the brand. The business has a strong following of brand-loyal customers who are our best advocates. We are excited about the fantastic growth opportunities, and confident that the management team will be successful.”
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