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.
Storfund, which shortens the cash cycle of online sellers, secured 30 million euros of capital from the Private Debt team of Swiss bank Union Bancaire Privée (UBP) and private investors. This year, the company wants to provide 1 billion dollars (825 million euros) of cash advances to online marketplace merchants.
London fintech company Checkout.com has raised 450 million dollars (370 million euros) in a Series C round. The company is now valuated at over 12 billion euros and is looking to expand its business further abroad.
Omnipack, a Polish fulfilment provider, has raised another 2.5 million euros in funding, which brings its total to 5 million euros. The startup, which manages logistics operations for ecommerce companies, wants to use the money to further expand in Europe.
Bizay, a marketplace for customized products, has raised 32 million euros in a Series C round. The round was led by the European Investment Bank and Indico, with support from Iberis Capital and existing investors.
Ankorstore, a wholesale marketplace from France, has raised 29.9 million dollars (25 million euros) in a Series A round. Index Ventures led the round, while existing investors GFC, Alven and Aglaé participated.
Bigblue, a logistics provider from France, has raised 3.6 million dollars (3 million euros) in a seed round. The startup wants to build an end-to-end fulfilment solution in Europe. Bigblue isn't a fulfilment company itself, but it works with several ones to handle post-order processes for online stores.
Spain-based parcel platform Paack has raised 44 million euros. Practically all of it has been invested by British private equity fund Bregal Milestone, who led the Series C investment round. With the millions of euros, Paack wants to turbocharge its growth and expand its coverage across Europe.
Razor Group, a startup from Germany that acquires and scales Amazon brands, has raised 25 million euros in a new round. This happened just twelve weeks after it received initial startup financing of five million euros.
Heroes, a company from the United Kingdom, has raised 65 million dollars (55 million euros) in a round led by Fuel Ventures and 360 Capital Partners. The company acquires, operates and scales small and medium-sized ecommerce brands that sell on Amazon.
Silverflow, a new platform that connects to card networks, has announced a 2.6 million euros seed funding round. With this, the Amsterdam-based company that is founded by Adyen alums has now raised 3 million euros in total funding.
Polish company Edrone has raised 5.3 million dollars (4.5 million euros) in its first funding after bootstrapping for the last four years. Edrone is an AI-fueled platform that provides customer experience solutions for ecommerce companies.
Klarna has raised an amount of 650 million dollars, which corresponds to roughly 547 million euros. With this fresh funding, the Swedish payments company is now valued at around 8.9 billion euros. This makes Klarna the largest fintech unicorn in Europe.
The major Polish ecommerce platform Allegro has announced its intention to apply for listing on the Warsaw Stock Exchange. Should the company proceed with the initial public offering, it would become the largest IPO of Poland.