Wine e-commerce platform BlackSquare raises $1.2 mln, spins out wine club

Calgary-based BlackSquare Inc, an e-commerce platform targeted to the global wine and spirits industry, has obtained $1.175 million in financing from Canadian private equity and investment management firm HorizonOne Asset Management. Concurrent with this news, BlackSquare announced the spin out as a stand-alone company of its subsidiary Wine Collective Inc, which operates a monthly wine club.

Share this