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.
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.
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.
Lampenwelt.de, a German online lighting shop that also operates local websites in other European countries, has received a major investment of 120 million euros from venture capital firm 3i. With this money, Lampenwelt wants to expand its online lamp-selling business across Europe.
French ecommerce solution Oxatis raised 5 million euros from Arkea Capital and prior backers A Plus Finance and Omnes Capital. With the fresh funding, the SaaS-based ecommerce solutions provider wants to further expand across Europe.
Ecommerce analytics company MonkeyData has successfully secured its second round of seed funding and is now valuated at 8 million euros. The Czech company wants to use the investment for product development and a continuation in the company’s global expansion. The next funding round (Series A) will be open to global investors.
Multichannel retailer Brillen.de raised 45 million euros from Technology Crossover Ventures. It is said to be one of the largest VC financings in Germany this year. With the fresh funding, Brillen.de wants to fuel the company’s international expansion beyond the current markets of Germany, Austria, Spain and the United Kingdom.
Global-e, an Israeli ecommerce startup that enables retailers to go cross-border, has secured a 20 million dollar (€17.5 million) investment led by Red Dot Capital Partners. The cross-border company wants to use this capital to support and accelerate its growth and expansion in Europe.
Food-order company Takeaway from the Netherlands is considering an initial public offering that could the service at more than 1 billion euros. Official details aren’t public yet, but news agency Bloomberg spoke to some people familiar with the matter.
Crowdfox, a German startup that wants to compete with Amazon, has raised a 5 million euros seed round from private investors. But the startup gets more than only fresh capital. The experience and network of the investing partners give Crowdfox some advantages with scaling the company; for the end of 2016 it has planned an international market entry.
Multichannel retail management platform Brightpearl announced it has raised 11 million dollars (10.09 million euros). Venture investors, including Eden Ventures, MMC Ventures and Notion Capital funded the British company, who wants to use the money to accelerate growth of its US business.
Dutch payment company Adyen closes another round of funding and is now valuated to be worth 2 billion euros. The latest funding comes from Iconiq Capital, which has invested in several tech companies on behalf of clients such as Mark Zuckerberg, Sheryl Sandberg and Jack Dorsey.
Yippie, a browser plugin that aggregates products prices and notifies consumers if they can order something cheaper somewhere else, has raised 600.000 euros in a new investing round. With the money, Yippie wants to build a mobile app that is said to be released this autumn.
German online fashion and lifestyle retailer Lesara has raised 15 million euros in a Series B round. The leading investor is Northzone. Vorwerk Ventures is on board as co-investor, while existing investor Mangrove Capital also participated in this round. With the fresh funding, Lesara wants to further grow internationally and to expand its business in existing markets.