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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.

Twenga raises 10 million euros to accelerate its growth

Funding for Twenga

Marketing solutions provider Twenga has announced it raised 10 million euros from Idinvest Partners. With the fresh funding the French company wants to develop its ecommerce traffic acquisition solutions on an international scale. Continue reading

Home furnishing platform Lovethesign scores €3.7mn in funding

LOVEThESIGN

Home design ecommerce platform Lovethesign has announced it has received more than 3.7 million euros ($4 million) in Series A funding. The round was led by United Ventures and has also attracted some private investors from the Italian fashion and design industry. Continue reading

Shopify files for IPO

Shopify files for IPO

Ecommerce platform Shopify has announced its intent to go public. The Canadian company is said to have plans to raise up to 94 million euros ($100 million) in the IPO and will list under the symbol “SHOP” on the New York Stock exchange. Continue reading

Fashion platform Farfetch receives €78 million in fresh funding

Farfetch

Curated fashion platform Farfetch this week announced a €78 million round of investment, led by DST Global, with participation from existing investors Condé Nast International and Vitruvian Partners. The money will be used to further expand across the globe, such as launching websites in German and Spanish. Continue reading

UK furniture retailer WorldStores gets €34mn in funding

worldstores

Online furniture retailer WorldStores got 25 million pounds, or 34.5 million euros, in a funding round led by Goldman Sachs. Existing investors Balderton Capital, Advent Ventures, and Serena Capital also participated. In total 64 million euros are invested in the online retailer and operator of flash sales site Casafina. Continue reading

Symbid launches platform for financing SMEs

Symbid The Funding Network

Crowdfunding platform Symbid today announced the launch of the Funding Network. This is a platform that connects small- and medium-sized enterprises to all types of funding, whether they are traditional or alternative like crowdfunding. Continue reading

Turkish ecommerce industry gets attention from investors

Hepsiburada

The solid and fast-growing ecommerce market in Turkey has got the attention from several investors. The latest one to show interest is the Abraaj Group. This Dubai-based private equity firm purchased a 25% stake in Hepsiburada, Turkey’s largest online retailer. The deal is the latest in a steady stream of online-oriented acquisitions in Turkey. Continue reading

French startup Lucky Cart raises €1.6 million for expansion across Europe

Lucky Cart

Lucky Cart, a French startup that specializes in so called ‘promogaming’, has raised 1.6 million euros from Partech Ventures, Kima Ventures, Venture Pleiades, Fa Diese and Edenred. With this new funding, Lucky Cart wants to expand in Europe, expand its sales team and develop a SaaS platform. Continue reading

Holtzbrinck raises €285mn for ecommerce companies

Holtzbrinck Ventures

Holtzbrinck Ventures has announced the first and final close of its latest fund, with 285 million euros of commitments. With its six fund the venture capital investment firm attracted capital from several investors. This money will be used to back more consumer internet businesses, with an emphasis on ecommerce, ranging from around 500,000 euros to 40 million euros per round. Continue reading

Westwing receives €25 million funding

Westwing

Westwing Group just announced it has received 25 million euros in funding from existing investors. Including this round of funding, the German company now has been financed with a total of 179 million euros since its founding only four year ago. Continue reading

Turkish ecommerce site Annelutfen receives €3.35mn in funding

Turkish online store Annelutfen.com

Annelutfen, a popular Turkish ecommerce site that is focused on the baby and mother market, announced the successful completion of a 4 million dollar investment (€3.35 million) led by Elixir Capital, a Silicon Valley-based private equity fund. Continue reading

Russian delivery service TopDelivery raises funding

TopDelivery, which offers several integrated delivery services for online retail in Russia, has raised investments from Impulse VC. With this money, TopDelivery wants to further improve its logistics, customer services and IT system. TopDelivery also wants to expand its delivery area, which now covers the whole territory of Russia. Continue reading

TheFashion.com raises €1.37mn to expand to Northern Europe

TheFashion.com, a European fashion discovery platform has closed a $1.7 million (€1.37 million) seed funding round led by North East Venture Capital and The Danish Growth Fund. With the money, TheFashion.com wants to roll outs its platform in Northern Europe in the next few months, targeting Sweden, Germany and the Netherlands initially. Continue reading

Swedish marketplace Fyndiq gets €16mln in funding

Fyndiq, a popular online marketplace in Sweden, received a 20 million dollar (€16.03 million) Serie A funding. Investors are Northzone and Industrifonden. Before this funding, Fyndiq has raised 4 million euros in funding from private investors. With the money, Fyndiq will continue growing in Sweden, as well as launching into new markets. Continue reading