Funding

ParcelLab, which offers a post-purchase customer experience for online retailers, has raised 112 million dollars (92 million euros) in a Series C funding round led by Insight Partners. With the money, ParcelLab wants to expand globally and enhance the progression of its newly released returns portal.

Ankorstore, a wholesale marketplace from France, has raised 100 million dollars (82.4 million euros) in a Series B funding round. The online marketplace will use the money to further expand in Europe and grow its customer base.

Dutch wholesale platform Orderchamp has raised 16.5 million euros for further expansion in Europe. The Series A-round was led by venture capital firm Prime Ventures, while existing investors henQ and several business angels also participated.

ParcelSea, a last-mile tech startup from Estonia, has raised 935,000 euros to build a smart mailbox network in Estonia and foreign markets. The Tallinn-based company wants to expand production and continue building new features and services.

Alibaba is raising its stake in Trendyol to 86.5 percent. The major ecommerce platform from Turkey received an additional 330 million dollars (273 million euros) investment from Alibaba, which was already one of its existing partners.

Seven Senders, a German delivery platform for parcel shipping, has concluded a Series C financing round of 40 million dollars (33 million euros). The company wants to use the money to further support Chinese and US online retailers with their business activities in Europe.

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.