Funding

Dutch online specialty coffee seller Wakuli has secured funding from investors. The size of the investment was not disclosed. Wakuli will use the capital injection for product innovation and expansion in Germany and Belgium.

Lemonero, an ecommerce lending startup from Czech Republic, has raised over 10 million euros in seed capital. With the funds, the company wants to expand into several European countries. Lemonero currently works with hundreds of online stores in Eastern Europe.

Startup JUST, which enables a one-click checkout for online stores, raised 3 million euros in seed capital. The solution can increase conversion by nearly 20 percent, according to the company. The one-click checkout landscape is highly competitive.

Instant Commerce, a Dutch ecommerce software startup, has raised 2 million euros in seed capital. With the investment, the company wants to double its employees. Instant Commerce also wants to increase brand awareness in Europe.

Clearco, an ecommerce investor from Canada, has launched in Germany. The firm pledges 500 million euros to German online businesses. Just three months ago, Clearco set foot in Ireland, where it recently had staff layoffs.

Ecommerce aggregator RubiBrands has raised 21.35 million euros in a seed round. It is the first ecommerce aggregator to launch in Turkey. The company will use the capital injection to increase acquisitions.

Swedish fintech Klarna wants to raise 1 billion dollars (over 900 million euros) from investors. The company is the European market leader for ‘buy now, pay later’ services. However, it has been valued 30 percent lower and has since announced layoffs.

Last-mile delivery scale-up Budbee has raised 40 million euros in an investment round. The company is now valued at 700 million euros. The capital injection will mainly be used to expand its network of parcel lockers.

Spanish online furniture seller Hannun crafts wooden furniture from discarded wood. In order to grow further, the company has begun the process to join BME Growth. With the funds that this will raise, the company wants to acquire businesses that share its vision.

PayPal has launched its funding solution for SMEs, called PayPal Funding Pro, in two new European markets: France and the Netherlands. The solution gives SMEs quick and easy access to growth capital. Online sellers can find it in the PayPal Commerce Platform.

Austrian fulfillment company Byrd has raised 53.07 million euros in a Series C funding round. The company will use the capital injection to offer next-day delivery within Europe. It is currently active in seven European markets and will expand into three more.

Eurora, which offers compliance solutions for cross-border ecommerce businesses, has raised 40 million dollars (37.94 million euros) in a Series A round. The capital injection will be used to accelerate the Estonian company's international expansion.

Swedish parcel delivery service Instabox has raised 174 million euros in a financing round. Its value is now estimated at 1 billion euros. This makes it the newest unicorn in Sweden.

Sell.xyz, a Latvian dropshipping startup for customized products, has raised 1,5 million euros in seed capital. The platform has launched selling apparel, cosmetics and supplements. The company follows in the footsteps of other Latvian print-on-demand services.

Fulfillment startup Warehousing1 has raised more than 10 million euros in seed capital. The logistics company wants to use the money to double its employees. In addition, the Berlin-based business will further develop their fulfillment service.