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Funding - archive

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.

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Supermercato24 raises 11 million euros

Supermercato24 raises 11 million euros

Supermercetato24, an Italian same-day delivery service for online groceries, has raised 11 million euros. The money comes from new investor DIP Capital and current investors FII Tech Growth, 360 Capital Partners and Innogest. Continue reading

Prisync raises €1 million

Prisync raises €1 million

Prisync, an ecommerce pricing platform from Turkey, has raised 1.1 million dollars (985.700 euros) in a seed round that was led by Istanbul-based venture capital investment company Collective Spark. With the money, Prisync wants to further develop its product and grow the customer base. Continue reading

Mobile payment solution Bluecode raises €12 million

Mobile payment solution Bluecode raises €12 million

Bluecode, a mobile payment solution from Austria, has raised 12 million euros in its latest financing round. Private venture capitalists from Europe, who invested in Bluecode in the autumn of 2018, are investing again in the payment solution for iPhones and Android smartphones. Continue reading

Ecommeleon announces seed funding

Ecommeleon announces seed funding

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. Continue reading

Fashion platform Miinto receives €12 million

Fashion platform Miinto receives €12 million

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. Continue reading

H&M increases investment in second-hand platform Sellpy

H&M increases investment in second-hand platform Sellpy

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. Continue reading

Investment for Swedish retailer Caliroots

Investment for Swedish retailer Caliroots

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. Continue reading

UK design marketplace Opumo raises €1.33 million

UK design marketplace Opumo raises €1.33 million

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. Continue reading

Mollie raises 25 million euros

Mollie raises 25 million euros

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 wants to exit stock market

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