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.
A new startup called Factory14 has joined the already crowded market of companies that acquire and sale marketplace vendors. Factory14 has raised 200 million dollars (164 million euros) and has already made four acquisitions.
Printing and fulfillment service Printful has received an investment worth over 106 million euros from growth equity firm Bregal Sagemount. This funding makes Printful the first company from Latvia to achieve unicorn status, as it's now valuated at over 1 billion dollars.
ParcelLab, which offers a post-purchase customer experience for online retailers, has raised 112 million dollars (92 million euros) in a Series C funding round led by Insight Partners. With the money, ParcelLab wants to expand globally and enhance the progression of its newly released returns portal.
Ankorstore, a wholesale marketplace from France, has raised 100 million dollars (82.4 million euros) in a Series B funding round. The online marketplace will use the money to further expand in Europe and grow its customer base.
Dutch wholesale platform Orderchamp has raised 16.5 million euros for further expansion in Europe. The Series A-round was led by venture capital firm Prime Ventures, while existing investors henQ and several business angels also participated.
ParcelSea, a last-mile tech startup from Estonia, has raised 935,000 euros to build a smart mailbox network in Estonia and foreign markets. The Tallinn-based company wants to expand production and continue building new features and services.
Alibaba is raising its stake in Trendyol to 86.5 percent. The major ecommerce platform from Turkey received an additional 330 million dollars (273 million euros) investment from Alibaba, which was already one of its existing partners.
Seven Senders, a German delivery platform for parcel shipping, has concluded a Series C financing round of 40 million dollars (33 million euros). The company wants to use the money to further support Chinese and US online retailers with their business activities in Europe.
Grover, a German subscription service for consumer electronics, has raised 60 million euros in an oversubscribed Series B Round. The company wants to use the money to accelerate international expansion.
3DLook, a company from Ukraine that offers mobile body measuring and fit solutions, has announced a Series A round of funding that's worth 6.5 million dollars (5.5 million euros). With this money, 3DLook wants to expand its US team and establish new research & development labs in Western Europe.
Thrasio, a company that acquires Amazon FBA brands and then scales them, will expand its recent 200 million euros commitment to 500 million euros. It will use this money to acquire ecommerce businesses in Germany and further expand its growth across Europe.
Branded Group announced it has raised 150 million dollars (124 million euros) in investment capital. Since its inception in mid-2020, the institutional acquirer and operator of ecommerce businesses has already acquired 25 best-selling marketplace brands.
Dutch omnichannel retailer Coolblue is considering an initial public offering. HAL, which currently has a 49 percent interest in Coolblue, has confirmed the IPO consideration. It's expected the IPO may take place this year.