Klarna has launched its own financing program for SME retailers in Europe. The new initiative is called Boost and is aimed to further support retailers in accelerating their growth. The company promises the application process will be simple and straightforward.
For ecommerce startups it’s hard to exist without some serious money. Luckily there are investors who are always looking to put their money into interesting and promising companies, hoping to get more money out of them than they put in. On this page you’ll find articles we wrote about funding.
German startup Lesara has filed for insolvency at its headquarters in Berlin. For many, this comes as a surprise, as the online store grew very fast and just opened a new logistics center. Also, the fashion and lifestyle retailer raised tens of millions of euros in funding over the last five years.
Enterprise Ireland, a government organization aimed to let Irish enterprises grow, has opened a ecommerce fund to accelerate the online offering of retailers in Ireland and to increase their competitiveness. The 1.25 million euros fund opened last Wednesday and will remain open for six weeks.
German fashion retailer Lesara has raised another 30 million euros from investors. The online fashion discounter has now raised a total of 90 million euros during the last few years. With the fresh funding, Lesara wants to further grow the company in Europe.
21Buttons, a social-commerce fashion app from Spain, has raised almost 15 million euros in a Series B round led by Idinvest Partners. With the fresh capital, 21Buttons wants to invent in talent traction for tech and product profiles, and user acquisition.
Made.com has raised 40 million pounds, a little more than 45 million euros, of equity in its latest round of funding. The furniture retailer wants to use this money to boost its growth and to further expand its online and offline business across Europe.
NA-KD, a Swedish fashion retailer, has raised 45 million dollar (36.8 million euros) in Series B funding. NA-KD wants to use the money to accelerate the company’s growth and to further expand its business globally. The Swedish startup has plans to launch 9 localized websites in the coming months.
Photoslurp, a Spanish visual commerce platform, just received an investment of 750,000 euros. The funding round was led by Spanish VC firm Inveready Technology Investment Group and joined by Bankinter VC, Caixa Capital Risc and ICF. Photoslurp wants to use this money to further expand in Europe.
Lightspeed, which provides services to (online) retailers and restaurants, has closed a 166 million dollar (€141 million) investment. The series D round was led by institutional investor CDPQ, which invested about 115 million euros. Part of the money will go to its European office, where the R&D division will grow significantly.
Omnia Retail, a Dutch pricing and marketing automation software company, has raised several millions of euros. The money comes from Dutch investment firm Connected Capital and will be used for Omnia’s international growth ambitions.
Ecommerce shipping tool SendCloud has raised 5 million euros thanks to investors henQ, BOM and TiiN Capital. With the fresh funding, the Dutch scale-up wants to further improve the ecommerce logistics in Europe and thus expand their presence on this continent.
German online fashion platform Zalando and Danish fashion retailer Bestseller United have entered into a joint venture agreement for co-owning FashionTrade.com, a B2B online fashion wholesale marketplace. Bestseller was the sole owner, but Zalando now enters into the joint venture with a capital increase at FashionTrade.
Zur Rose Group, one of the leading pure play online pharmacies in Europe, has launched its initial public offering. The company wants to use the funds raised primarily to accelerate its growth strategy and to further expand its position as pure play ecommerce pharmacy in Europe.
The Danish company Traede, which offers a B2B sales system for brands, has received 3.5 million Danish kroner (about 470,000 euros) in funding from SEED Capital, the country’s largest early stage venture fund. Previously it received about 400,000 euros from Markedsmodningsfonden.
Picnic, an online-only supermarket operating in selected cities in the Netherlands, has raised 100 million euros in funding from NPM Capital, De Hoge Dennen, Hoyberg and Finci. With the money, Picnic wants to further expand across the country.