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Funding

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.

Ocado raises 1.1 billion euros

Ocado raises 1.1 billion euros

British online supermarket Ocado has plans to raise over 1 billion pounds (1.12 billion euros) in capital. The company wants to further expand its online grocery delivery business. Continue reading

65% of online retailers in Europe needed extra finance

65% of online retailers in Europe needed extra finance

Two thirds of online merchants in Europe have needed extra finance in the past two years. Loans carried out after the outbreak of the corona virus aren’t included in this statistic. Online merchants need a loan the most for buying equipment. Continue reading

Fashion outlet Otrium raises €24 million

Fashion outlet Otrium raises €24 million

Otrium, an online fashion outlet platform from the Netherlands, has raised 24 million euros. This happened during a series B round, led by Eight Roads Ventures and current investor Index Ventures. With the money, Otrium wants to further expand its platform. Continue reading

Irish startup Buymie signs multi-year deal with Lidl

Irish startup Buymie signs multi-year deal with Lidl

Buymie, a grocery delivery start-up from Ireland, has signed a multi-year partnership agreement with Lidl Ireland. The two companies have been working together since 2019. Buymie also raised 2.2 million euros in funding. Continue reading

Print-on-demand platform Moteefe raises €4.5 million

Print-on-demand platform Moteefe raises €4.5 million

Moteefe, a Dutch platform for on-demand production of merchandise, has raised 5 million dollars (4.54 million euros) in a Series A round led by Gresham House and Force Over Mass Capital. The money will be used for further expansion across the globe, launching new products for large retailers and scaling its operations. Continue reading

Swedish UGC startup Flowbox raises €7.5 million

Swedish UGC startup Flowbox raises €7.5 million

Flowbox, a Swedish startup focused on user-generated content, has raised 7.5 million euros from Viking Venture, a leading software investor from the Nordics. With the money, Flowbox wants to further expand in Europe. Continue reading

Supermercato24 raises 11 million euros

Supermercato24 raises 11 million euros

Supermercetato24, an Italian same-day delivery service for online groceries, has raised 11 million euros. The money comes from new investor DIP Capital and current investors FII Tech Growth, 360 Capital Partners and Innogest. Continue reading

Prisync raises €1 million

Prisync raises €1 million

Prisync, an ecommerce pricing platform from Turkey, has raised 1.1 million dollars (985.700 euros) in a seed round that was led by Istanbul-based venture capital investment company Collective Spark. With the money, Prisync wants to further develop its product and grow the customer base. Continue reading

Mobile payment solution Bluecode raises €12 million

Mobile payment solution Bluecode raises €12 million

Bluecode, a mobile payment solution from Austria, has raised 12 million euros in its latest financing round. Private venture capitalists from Europe, who invested in Bluecode in the autumn of 2018, are investing again in the payment solution for iPhones and Android smartphones. Continue reading