In the most recent round of Series E fundraising, the business raised €125m (£106m), taking the total amount of funds raised over the last six years to €310m (£262m).

ManoMano co-founders Christian Raisson and Philippe de Chanville said: “We have an ambitious growth strategy and the funds raised will help us to deliver this. Our aim is to become the European market leader in the DIY, home improvement and gardening.

“With 125% growth in the last 12 months, the UK market is the fastest growing area and is at the centre of our growth strategy.”