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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.

German eyewear retailer Brillen.de raises €45mn

Brillen.de

Multichannel retailer Brillen.de raised 45 million euros from Technology Crossover Ventures. It is said to be one of the largest VC financings in Germany this year. With the fresh funding, Brillen.de wants to fuel the company’s international expansion beyond the current markets of Germany, Austria, Spain and the United Kingdom. Continue reading

Global-e raises €17.5 million to accelerate growth in Europe

Global-e

Global-e, an Israeli ecommerce startup that enables retailers to go cross-border, has secured a 20 million dollar (€17.5 million) investment led by Red Dot Capital Partners. The cross-border company wants to use this capital to support and accelerate its growth and expansion in Europe. Continue reading

Dutch Takeaway.com considers IPO, valued at €1 billion

Takeaway.com

Food-order company Takeaway from the Netherlands is considering an initial public offering that could the service at more than 1 billion euros. Official details aren’t public yet, but news agency Bloomberg spoke to some people familiar with the matter. Continue reading

Amazon challenger Crowdfox raises €5 million

Crowdfox

Crowdfox, a German startup that wants to compete with Amazon, has raised a 5 million euros seed round from private investors. But the startup gets more than only fresh capital. The experience and network of the investing partners give Crowdfox some advantages with scaling the company; for the end of 2016 it has planned an international market entry. Continue reading

UK retail management software Brightpearl raises €10mn

Brightpearl

Multichannel retail management platform Brightpearl announced it has raised 11 million dollars (10.09 million euros). Venture investors, including Eden Ventures, MMC Ventures and Notion Capital funded the British company, who wants to use the money to accelerate growth of its US business. Continue reading

Online fashion retailer Lesara raises €15 million

Lesara

German online fashion and lifestyle retailer Lesara has raised 15 million euros in a Series B round. The leading investor is Northzone. Vorwerk Ventures is on board as co-investor, while existing investor Mangrove Capital also participated in this round. With the fresh funding, Lesara wants to further grow internationally and to expand its business in existing markets. Continue reading

Clothes marketplace Vestiaire Collective raises €33 million

Vestiaire Collective

Second-hand online seller Vestiaire Collective has picked up 33 million euros in a Series D round led by Eurazeo. The investment firm, which is one of Europe’s largest, has contributed 20 million euros. Other investors are Conde Nast, Balderton Capital, Ventech and IdInvest. With the money the pre-owned clothes marketplace wants to ramp up global expansion. Continue reading

Lengow secures €10 million funding

Lengow

Lengow, a company that sells ecommerce feed management software, has secured 10 million euros in Series B funding. The money, from European investors Serena Capital, BPI and Alven Capital, will be used to further expand its international growth. Continue reading

Made.com gets growth capital to accelerate its European cross border growth

Made.com, a large furniture seller that is already active in the UK, France, Italy, Germany, Belgium and The Netherlands got funding to accelerate its European growth. At first to ‘agressively grow in those markets’ in which it sees plenty of room to continue it’s growth.
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Ecommerce search engine Loop54 from Sweden gets €537.000 investment

Loop54

Loop54, a self-learning product search engine for ecommerce, has secured 5 million kronor (536.668 euros) worth of funding. Swedish investment company Axel Johnson funded the company, together with Swedish government agency ALMI Invest and angel investor Erik Byrenius. Loop54 is now looking to expand its service abroad. Continue reading

Trustpilot closes €67 million Series D round

Trustpilot

Trustpilot has raised 73.5 million dollar, or 66.9 million euros, in a Series D investment round. The round was led by Vitruvian Partners, but previous investors DFJ Esprit, Index Ventures, Northzone and Seed Capital Denmark also contributed to the financing. Continue reading

Turkish online payment company Iyzico raises €5.74 million

Iyzico

Iyzico has raised a Series B funding of 16.5 million Turkish liras, or 5.74 million euros. The Turkish company, which provides a platform to let ecommerce sites and other apps easily accept online payments, has raised more than 8.5 million euros in total since it was founded three years ago. Continue reading