Oxatis, the French provider of ecommerce software, got a capital injection worth 3.5 million euros from Omnes Capital and A Plus Finance. With the fresh funding, Oxatis is able to boost its research and development team, which is a part of its growth strategy. Also, sixty new features will be added to Oxatis’ software-as-a-service platform.
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.
British ecommerce delivery platform Scurri announced it raised €1.2 million in seed capital funding, led by Episode 1 Ventures, ACT Venture Capital and Haatch. These companies joined existing Angel investors to fund Scurri’s expansion plans. The ecommerce delivery platform wants to develop further in the United Kingdom.
The French ecommerce software company PrestaShop raised 6.75 million euros of investment capital last week from XAnge, Seventure Partners and Serena Capital. The extra capital will be used to conquer other markets, accelerate product development and improve technology. PrestaShop got 3 million euros with a previous funding round in September 2011.
Otto, the second biggest ecommerce player in Europe, is investing some serious money in its own online business in order to keep up with the rapid expansion of Amazon in Europe. A ‘mobile-first’ approach and a new fashion website should help Otto making this ambitious plan happen.
Foodpanda received another 20 million dollars (€14,8mln) in funding from a group of investors. With this new investment Foodpanda, and its affiliated brand Hellofood, will try to expand its global presence. The goal is to roll out to over forty markets by the end of the first quarter this year.
Trustpilot raised 18.3 million euros in Series C financing. With the extra money the Danish company wants to expand its online reviews service to international markets. Global expension in 2013 already let to opening of offices in New York and London.