Net-a-Porter founder Natalie Massenet's VC firm has closed its first £52.2m fund with investments including Farfetch

Natalie Massenet, founder of Net-a-Porter, has teamed up with venture capitalist Nick Brown to launch a £52.2m fund for retail businesses.

The fund is called Imaginary Ventures and will invest in early stage businesses at the intersection between retail and technology.

The fund is initially investing in Farfetch, of which Massenet is co-chair, cult beauty brand Glossier, Khloe Kardashian's denim line Good American and pop-up shop marketplace Appear Here, among others.

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