Funding

Grover, a German subscription service for consumer electronics, has raised 60 million euros in an oversubscribed Series B Round. The company wants to use the money to accelerate international expansion.

Everli, an Italian marketplace for online grocery shopping, has raised 100 million dollars (85 million euros) in a Series C round. It will use this money to further expand across Europe.

Cubyn, a logistics startup from France, has raised 35 million euros in funding. The Paris-based company wants to use this money to expand its fulfillment and delivery services across Europe.

3DLook, a company from Ukraine that offers mobile body measuring and fit solutions, has announced a Series A round of funding that's worth 6.5 million dollars (5.5 million euros). With this money, 3DLook wants to expand its US team and establish new research & development labs in Western Europe.

Thrasio, a company that acquires Amazon FBA brands and then scales them, will expand its recent 200 million euros commitment to 500 million euros. It will use this money to acquire ecommerce businesses in Germany and further expand its growth across Europe.

Branded Group announced it has raised 150 million dollars (124 million euros) in investment capital. Since its inception in mid-2020, the institutional acquirer and operator of ecommerce businesses has already acquired 25 best-selling marketplace brands.

Dutch omnichannel retailer Coolblue is considering an initial public offering. HAL, which currently has a 49 percent interest in Coolblue, has confirmed the IPO consideration. It's expected the IPO may take place this year.

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.

Berlin Brands Group has announced today it will invest 250 million euros for the acquisition of ecommerce brands that sell on Amazon. It plans to spend this money over the next 18 months.

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.