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.

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Printful, the first unicorn from Latvia

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.

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ParcelLab raises 92 million euros

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.

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Alibaba raises stake in Trendyol

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.

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Ukrainian startup 3DLook raises 5.5 million euros

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.

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Coolblue considers IPO

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.

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