menu
lightspeed ecommerce

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

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

Zero-waste online supermarket Good Club raises €450k

Zero-waste online supermarket Good Club raises €450k

Online supermarket Good Club from the UK has successfully completed a crowdfunding campaign to raise 400,000 pounds. The grocer has the ambition to become the world’s first zero-waste online supermarket. With the money, Good Club wants to try out reusable product packaging. Continue reading

Checkout.com raises 206 million euros

Checkout.com raises 206 million euros

Checkout.com, a London-based provider of online payment solutions has raised 230 million dollar (206 million euros). It’s Europe’s largest fintech Series A round ever. It’s the first time the payment solutions provider is taking funding from outside investors. Continue reading

French DIY marketplace ManoMano raises 110 million euros

French DIY marketplace ManoMano raises 110 million euros

ManoMano, an online do-it-yourself marketplace from France, has raised 110 million euros in a funding round from Eurazeo, Aglaé Venture, and Bpifrance, as well as existing investors CM-CIC, Partech, Piton, and General Atlantic. Continue reading