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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.

Mollie raises 25 million euros

Mollie

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. Continue reading

Rocket Internet wants to exit stock market

Rocket Internet

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. Continue reading

Zero-waste online supermarket Good Club raises €450k

Zero-waste online supermarket Good Club

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. Continue reading

Checkout.com raises 206 million euros

Checkout.com

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. Continue reading

French DIY marketplace ManoMano raises 110 million euros

ManoMano, online DIY marketplace from France

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. Continue reading

Polish startup Packhelp raises 8.8 million euros

Packhelp

Packhelp, a startup from Poland that allows users to design their packaging, has raised 8.8 million euros in a Series A round. White Star Capital led the investment, while existing investors participated. With the money, Packhelp wants to boost its growth in Europe. Continue reading

Review site Trustpilot raises €48 million

Trustpilot

International review website Trustpilot has raised 55 million dollar – about 48.5 million euros – during a Series E investment round, led by Sunley House. With the fresh capital, Trustpilot wants to strengthen its position as market leader in several countries by investing in marketing, personnel and its technology platform. Continue reading

Lesara has filed for insolvency

Lesara

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. Continue reading

Enterprise Ireland starts ecommerce fund for Irish retailers

Enterprise Ireland

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. Continue reading

Lesara raises 30 million euros

Lesara

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. Continue reading

Fashion app 21Buttons raises €15 million

21Buttons

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. Continue reading