Funding

Online-only supermarket Picnic has secured 600 million euros in growth capital. The leading investors were none other than Microsoft founder Bill Gates and his ex-wife Melinda. The Dutch company will use the funds to accelerate their expansion in Europe.

Berlin Brands Group has secured 700 million dollars (590 million euros) of additional debt and equity financing. The millions of euros were raised for the acquisition of ecommerce brands and the development of an international logistics network.

Dostavista, a same-day delivery service from Russia, today announced that it has changed its name to Borzo. This way its businesses in ten different countries are united under a single brand. As part of its growth strategy, Borzo also raised 35 million dollars (29.95 million euros).

Fruugo, an online marketplace that's originally from Finland, is said to be planning to launch an initial public offering (IPO). The UK-based ecommerce platform should go public as soon as this fall.

Briqpay, a Swedish company that offers solutions for B2B payments, has just closed a seed round of 2 million euros. The funding round was led by Swedish private equity firm eEquity. With the help of this money, Briqpay wants to become the leading B2B payment supplier.

SellerX, a Germany-based company that buys and builds Amazon brands, has raised 100 million euros in primary equity funding. It's the largest amount of money in a funding round by a European Amazon FBA aggregator.

Trendyol, the biggest ecommerce platform of Turkey, has raised 1.5 billion dollar (1.28 billion euros). With this fresh funding, the ecommerce company is now being valued at over 14 billion euros, making it Turkey's first 'decacorn'.

Refurbed, an online marketplace for refurbished electronics, has raised 45 million euros in a Series B funding round led by Evli Growth Partners and Almaz Capital. With the money, Refurbed wants to expands to three new markets before the end of the year.

Customer engagement platform MoEngage has raised 32.5 million dollars (27.34 million euros) in a funding round led by India-dedicated private equity firm Multiples. With the money, MoEngage wants to invest more in the UK and the DACH region. "We want to go to the next stage of our growth plans in Europe."

Outvio, a fulfillment solution from Estonia, has raised 3 million dollars (2.52 million euros) during a financing round led by Change Ventures. It's the first round of fundraising fot Outvio and the startup will use the money to expand its team and to launch further in Europe.

Colvin, a flower delivery startup from Spain, has raised 45 million euros. It will use the new funding to expand its operations in Europe, starting with France. It will also invest further in its platform, and expand the team to about 300 people.

Noyes, a German provider of very small warehouses, has raised 3.8 million dollars (3.23 million euros) in seed funding. The investment comes at a time where there are many instant-delivery providers looking for storefronts that can be converted into small warehouses.

Jokr, an instant-delivery retail platform from German entrepreneur Ralf Wenzel, has raised 170 million dollars (144 million euros) from investors. The funding round comes barely four months after the startup launched in Europe and the Americas.

Eurora, which offers compliance solutions for cross-border ecommerce companies, has raised 3 million dollars (2.54 million euros). With the money, the Estonian company wants to bring its tool to a million Chinese merchants.

PrintOnPack.com, a sustainable packaging startup from Latvia, has raised 450,000 euros from SuperHero Capital. The company will use the money to further grow its team, develop the platform and to increase order volumes and revenue.