Second-hand online seller Vestiaire Collective has picked up 33 million euros in a Series D round led by Eurazeo. The investment firm, which is one of Europe’s largest, has contributed 20 million euros. Other investors are Conde Nast, Balderton Capital, Ventech and IdInvest. With the money the pre-owned clothes marketplace wants to ramp up global expansion.
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.
Lengow, a company that sells ecommerce feed management software, has secured 10 million euros in Series B funding. The money, from European investors Serena Capital, BPI and Alven Capital, will be used to further expand its international growth.
B2C Europe, a Dutch company that helps ecommerce businesses to operate over its countries borders, received 7,3 million euro from NIBC. With the money the company aims to continue its growth in target countries such as Italy, Germany, Switzerland and China.
Made.com, a large furniture seller that is already active in the UK, France, Italy, Germany, Belgium and The Netherlands got funding to accelerate its European growth. At first to ‘agressively grow in those markets’ in which it sees plenty of room to continue it’s growth.
Loop54, a self-learning product search engine for ecommerce, has secured 5 million kronor (536.668 euros) worth of funding. Swedish investment company Axel Johnson funded the company, together with Swedish government agency ALMI Invest and angel investor Erik Byrenius. Loop54 is now looking to expand its service abroad.
Trustpilot has raised 73.5 million dollar, or 66.9 million euros, in a Series D investment round. The round was led by Vitruvian Partners, but previous investors DFJ Esprit, Index Ventures, Northzone and Seed Capital Denmark also contributed to the financing.
Iyzico has raised a Series B funding of 16.5 million Turkish liras, or 5.74 million euros. The Turkish company, which provides a platform to let ecommerce sites and other apps easily accept online payments, has raised more than 8.5 million euros in total since it was founded three years ago.
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.
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.
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.
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.
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.
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.
In the coming financial year 2015/2016, the Otto Group plans a high double-digit million investment in the venture capital business. With this move, the international retail and services group will build on its position as one of the largest venture capital providers in Germany.
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.