Brosa cofounders Richard Li and Ivan Lim.

Furniture startup Brosa to fold leaving customers $5 million out of pocket

- January 24, 2023 3 MIN READ

Venture capital investors aren’t the only ones burnt by the collapse of upmarket furniture retailer Brosa, with customers left around $5 million out of pocket on products they paid for but didn’t get, a report on the startup’s finances by administrators, KordaMentha, reveals. Brosa was placed in Voluntary Administration on December 14 with assets of… Read more »