Funding

Online supermarket Picnic has raised 250 million euros in a new investment round. The Dutch company wants to use this money to build a robotized distribution center of 42,000 square meters.

Ecommeleon, a German startup aimed at sellers on online marketplaces, has announced a successful seed funding round. The money will be used to support the spin-off of ecommerce service provider InterCultural Elements with its final development and initial market launch.

Miinto, an ecommerce fashion platform from Denmark, has received over 130 million Swedish kronor (12.2 million euros) from both existing and new investors. The company announced the news together with the fact that sales increased significantly. Miinto still isn't profitable, though.

H&M continues to invest in Sellpy, an online platform for second-hand fashion. The Swedish fashion retail group started investing in Sellpy four years ago and has since then joined all investment rounds. Now, H&M has become a majority owner, with an approximate 70 percent stake in the re-commerce platform.

Cristina Stenbeck, former chairman of Swedish investment company Kinnevik, has invested 18 million Swedish kronor (1.69 million euros) in Caliroots. The Swedish omnichannel retailer of sneakers and streetwear just announced it made a loss of about 3.75 million euros last year.

Payconiq, a mobile payment app supported by several Benelux banks, wants to expand further in Europe. To achieve this goal, it just raised 20 million euros in a funding round led by its existing shareholders.

RevLifter, a deals personalization platform from the United Kingdom, has raised 2.3 million pounds (2.56 million euros) in seed funding led by a group of investors. With the money, RevLifter wants to further develop the platform and expand further into the United States.

Opumo, a British online department store with design-led products from around the world, has raised 1.2 million pounds (1.33 million euros). The successful round of investment happened thanks to Danish fund North-East Venture and a crowd raise from over 400 customers.

Dutch online payment processor Mollie has raised 25 million euros from a group of technology and payment entrepreneurs. With the money, Mollie wants to accelerate its expansion through Europe.

Rocket Internet might have plans to exit the stock market after five years. Anonymous sources say that CEO and co-founder Oliver Samwer wants the European investor and incubator to act undisturbed as an opportunistic investor again.

Online supermarket Good Club from the UK has successfully completed a crowdfunding campaign to raise 400,000 pounds. The grocer has the ambition to become the world's first zero-waste online supermarket. With the money, Good Club wants to try out reusable product packaging.

Goodiebox, a beauty box subscription service from Denmark, has raised 5.7 million euros in a Series A funding round. Among the investors are new and existing parties, including InQvation and the Danish Growth Fund.

Sorted, a delivery software startup from the United Kingdom, has raised 17 million euros in a funding round that was led by Praetura Ventures and NVM Private Equity. This follows after a year of 400 percent revenue growth.

Checkout.com, a London-based provider of online payment solutions has raised 230 million dollar (206 million euros). It's Europe's largest fintech Series A round ever. It's the first time the payment solutions provider is taking funding from outside investors.

ManoMano, an online do-it-yourself marketplace from France, has raised 110 million euros in a funding round from Eurazeo, Aglaé Venture, and Bpifrance, as well as existing investors CM-CIC, Partech, Piton, and General Atlantic.