British online supermarket Ocado has plans to raise over 1 billion pounds (1.12 billion euros) in capital. The company wants to further expand its online grocery delivery business.
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.Read more about Funding
Two thirds of online merchants in Europe have needed extra finance in the past two years. Loans carried out after the outbreak of the corona virus aren’t included in this statistic. Online merchants need a loan the most for buying equipment.
Otrium, an online fashion outlet platform from the Netherlands, has raised 24 million euros. This happened during a series B round, led by Eight Roads Ventures and current investor Index Ventures. With the money, Otrium wants to further expand its platform.
Buymie, a grocery delivery start-up from Ireland, has signed a multi-year partnership agreement with Lidl Ireland. The two companies have been working together since 2019. Buymie also raised 2.2 million euros in funding.
Refurbed, an Austrian startup that sells repaired electrical appliances, has raised 15.6 million euros. It’s one of the highest investments in the Austrian start-up industry.
James and James Fulfilment has secured an 11 million pound investment (12.1 million euros) from private equity investor LDC. With the money, the British ecommerce fulfilment company wants to further improve its software services and operating infrastructure.
Moteefe, a Dutch platform for on-demand production of merchandise, has raised 5 million dollars (4.54 million euros) in a Series A round led by Gresham House and Force Over Mass Capital. The money will be used for further expansion across the globe, launching new products for large retailers and scaling its operations.
Flowbox, a Swedish startup focused on user-generated content, has raised 7.5 million euros from Viking Venture, a leading software investor from the Nordics. With the money, Flowbox wants to further expand in Europe.
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.
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.
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.
Trouva, an online marketplace for bricks-and-mortar boutiques, has raised 17 million pounds (20 million euros). The UK company wants to use the money to accelerate its expansion across Europe and beyond.
Vinted, a marketplace from Lithuania, has raised 128 million euros in a round led by Lightspeed Venture Partners. With the money, the site where consumers can sell and buy second-hand fashion wants to accelerate its rapid growth across Europe.
Online supermarket Picnic has raised 250 million euros in a new investment round. The Dutch company wants to use this money to build a robotized distribution center of 42,000 square meters.
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.