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• Amazon Marketplace Sellers Are Attractive Acquisition Targets - Buyouts of Amazon marketplace sellers are booming. Aggregators are scooping up successful small sellers and creating large and lucrative portfolio companies. The acquisitions are mostly fueled by angel, venture capital, and private equity funding.
  Topics: company, attractive, amazon, acquisition, small, raised, sellers, aggregators, technology, targets, million, marketplace.
• AmazonSmile has raised $100 million for charity - A little good press goes a long way for a company like Amazon. The company routinely gets knocked for things like warehouse conditions, tax breaks and impact on smaller retail outlets. AmazonSmile’s helped to counteract that a bit, raising money for legitimately good causes, skimmed off purchases from the site. The online retail giant announced […]
  Topics: donation, good, company, donations, amazon, charities, retail, purchases, according, million, charity, amazonsmile, raised.
• Ankorstore raises $29.9 million for its wholesale marketplace - French startup Ankorstore has raised a $29.9 million Series A round (€25 million) with Index Ventures leading the round. Existing investors GFC, Alven and Aglaé are also participating. Ankorstore is building a wholesale marketplace that connects independent shop owners with brands selling household supplies, maple syrup, headbands, bath salts, stationery items and a lot more. […]
  Topics: order, techcrunch, startup, ankorstore, products, raised, round, wholesale, million, marketplace, brands, selling, shop, raises.
• As e-commerce accelerates, fintech startups raised record $100M rounds in Q2 - Reading headlines here and there, one might assume that venture capital interest in fintech startups is setting records every quarter. After all: Didn’t Robinhood raise $280 million and $320 million more this year? Stripe raised $600 million just a few minutes ago, and wasn’t it Monzo that raised £60 million a few weeks back? Oh, […]
  Topics: 100m, ecommerce, q2, raised, squares, record, million, recent, techcrunch, startups, accelerates, rounds, payment, fintech.
• Bambuser raises $45M after shifting focus to live video shopping - Bambuser is a name you may not have heard in a while, but the Stockholm-headquartered company is announcing today that it has raised $45 million in new funding this year, with $34.5 million of that amount raised during the pandemic. Bambuser’s history goes back more than a decade (the first TechCrunch coverage appeared in 2008). […]
  Topics: video, trying, live, ghahremani, pandemic, told, turning, shifting, focus, raises, techcrunch, 45m, raised, shopping, bambuser.
• Branded raises 124 million euros to acquire Amazon sellers - 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. European venture capital firm Target Global co-founded the company and led the round with participation… Continue reading
  Topics: euros, company, raised, branded, brands, raises, million, scale, acquire, sellers, amazon.
• Brighton-based MPB snaps up $69M to build out its used camera equipment marketplace - Used-goods marketplaces, an online staple since the beginning of the internet as we know it, have really come into their own during the COVID-19 pandemic: They’ve been a place for people clearing out their domestic spaces to list items that they have that are still in good shape, making some money in the process; and […]
  Topics: items, camera, partners, 69m, marketplace, techcrunch, equipment, million, platform, vitruvian, raised, brightonbased, way, used, world, mpb, build, snaps.
• Carousell raises US$56 million - Singaporean m-commerce platform Carousell has raised US$56 million from Naspers.
  Topics: philippines, values, raised, carousell, company, listings, yearolx, us56, wants, raises, firm, million.
• Checkout.com raises 370 million euros - 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. The company, with its headquarters in the United Kingdom, says it’s now the most… Continue reading
  Topics: fintech, euros, raises, checkoutcom, company, million, payments, payment, round, raised, series.
• China’s Luckin Coffee worth $1 billion after just nine months - Nine-month-old Luckin Coffee has raised US$200 million to fund expansion, valuing it at $1 billion.
  Topics: luckin, raised, coffee, customers, china, months, worth, business, chinas, model, starbucks, billion, stores.
• Club Factory raises $100M to expand its lifestyle e-commerce platform in India - Club Factory, a Chinese e-commerce platform that sells fashion and beauty items and electronics accessories, has raised $100 million in a new financing round as it looks to expand its footprint in India. The new financing round — Series D — was led by Qiming Venture Partners, Bertelsmann, IDG Capital “and  other Fortune 500 companies […]
  Topics: raises, lifestyle, factory, club, sellers, raised, india, expand, million, ecommerce, round, startup, techcrunch, 100m, platform.
• Customer support startup Gorgias raises $25M - Gorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over a year ago, CEO Romain Lapeyre (who founded Gorgias with CTO Alex Plugaru) told me that it works with e-commerce businesses to automate responses to […]
  Topics: ventures, team, ecommerce, 25m, lapeyre, raised, startup, service, gorgias, customer, merchants, raises, techcrunch, support.
• Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe - Food delivery — whether it’s ready-made orders from restaurants, meal kits or groceries — has been one of the most-used services in this last year of living under the cloud of a global health pandemic, and today one of the companies with ambitions to build a pan-European empire in the third of these categories is […]
  Topics: raised, expand, delivery, million, round, ondemand, companies, business, grocery, techcrunch, rohlík, europe, bags, online, startup, czech.
• Darkstore raises $21 million Series B round - Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, just raised a $21 million Series B round led by EQT Ventures. The deal will bring EQT principal Laura Yao to Darkstore’s board of directors. This Series B round comes less than one year after Darkstore raised a $7.5 million Series A […]
  Topics: team, round, b, series, worked, raises, techcrunch, brands, darkstore, fulfillment, million, yao, raised.
• Delivery startup Paack raises €44 million - 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. Paack is a… Continue reading
  Topics: million, packages, startup, delivery, paack, platform, raised, round, raises, euros.
• Dutch payment service provider Mollie raises €90 million - Mollie, a payments startup from the Netherlands, has raised 90 million euros in a Series B round led by TCV. The payment service provider is now valuated at over 1 billion dollars, making it a unicorn. It’s not the first time Mollie has raised money. Earlier this year it raised… Continue reading
  Topics: purely, raises, service, mollie, tcv, payment, million, dutch, represents, raised, provider, volume, euros.
• Ebay to buy into India’s Paytm Mall - International e-commerce platform Ebay is preparing to head a US$160–170 million investment in e-tailer Paytm Mall.
  Topics: indias, paytm, investment, flipkart, us160170, ecommerce, buy, mall, valuation, ebay, million, raised, us215, firm, times.
• Ecwid raises $42M from Morgan Stanley and PeakSpan - In the same week that Facebook announced a redoubled effort to make a bigger mark in e-commerce, one of its long-time partners has closed a large round of funding. Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and […]
  Topics: capital, smbs, peakspan, fazylev, stanley, shopping, morgan, raises, techcrunch, 42m, ecommerce, raised, ecwid, facebook, small.
• Extra Crunch roundup: AI eats fintech, fundraising visas, no-code transition tips, more - Most American retail banks are designed the same way: Customers must pass several desks set aside for loan and mortgage officers before they can talk to a customer representative. I only step inside a bank a few times each year, but even pre-pandemic, I can’t remember the last time I saw someone sitting at one […]
  Topics: roundup, transition, startups, data, fintech, numbers, tips, fundraising, visas, ai, eats, nocode, companies, growth, lot, extra, techcrunch, raised, tech.
• Fashion tech startup MadThread raised US$500,000 - Singapore fashion tech startup MadThread has raised US$500,000 in seed funding.
  Topics: fashion, madthread, us500000, teck, supports, subscription, unlimited, various, startup, investment, raised, tech.
• Finnish startup Swappie expands in Europe - Swappie, which sells refurbished iPhones online, is expanding across Europe. Today, the Finnish startup launched its online store in Germany, the Netherlands, Ireland, and Portugal. The news about the European expansion comes simultaneously with the announcement about a capital injection. The Helsinki-based startup raised a 42.5 million euros Series B… Continue reading
  Topics: sells, europe, expands, finnish, startup, refurbishment, raised, million, ventures, online, euros, swappie, store.
• Grove Collaborative, a subscription startup selling ‘household essentials,’ has been quietly raising a lot of moolah - Grove Collaborative, a four-year-old, San Francisco-based startup that sells household, personal care, baby, children’s and pet products, has been busy raising money in 2018, shows two new SEC filings that lists representatives from the company’s earlier investors, including Mayfield, Norwest Venture Partners and MHS Capital, as well as apparent new investor General Atlantic, represented by partner Catherine […]
  Topics: round, moolah, household, essentials, shows, collaborative, startup, quietly, subscription, raising, lot, grove, million, products, raised, money, company, selling.
• Grover raises $71M to grow its consumer electronics subscription business - A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. Grover, a Berlin-based startup that runs a subscription model where people can for set fees rent out consumer […]
  Topics: gadgets, consumers, model, grow, consumer, techcrunch, electronics, million, grover, raised, business, service, funding, 71m, raises, subscription, items.
• Indian beauty e-commerce Purplle raises $45 million - Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second-largest internet market. The new round, a Series D, was financed by Sequoia Capital India and existing investors Verlinvest, Blume Ventures and JSW […]
  Topics: beauty, million, india, ecommerce, brands, purplle, ventures, indian, round, techcrunch, raised, raises, growth, products.
• India’s FreshToHome raises $121 million to grow its meat and vegetable e-commerce platform - FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, has raised $121 million in a new financing round as the Bangalore-headquartered firm reports accelerated growth spurred by the coronavirus pandemic. The startup, which offers its service in several major Indian cities, including Delhi, Mumbai, Pune, Bangalore, and Hyderabad, […]
  Topics: round, million, techcrunch, freshtohome, meat, startup, series, raised, platform, vegetable, grow, investment, ecommerce, startups, financing, indias, raises, indian.
• It may not be as glamorous as D2C, but beauty tech is big money - Shifting consumer demands within beauty and retail are creating rich opportunities for U.S.-based beauty/consumer tech SaaS companies.
  Topics: tech, billion, techcrunch, beauty, big, companies, glamorous, raised, profitable, venture, d2c, money, brands.
• Kids on 45th just raised millions in seed funding to sell lightly used kids clothes — sight unseen - A seemingly endless number of startups has attracted funding in recent years to make life easier for people with money to spend. They’re sold nice clothes, chic shoes, cool office space, on-demand car services, on-demand laundry services, on-demand cleaning services, anti-aging therapies. It goes on and on. Overlooked in the process is the overwhelming majority […]
  Topics: clothing, world, sell, clothes, unseen, lightly, millions, used, seed, 45th, funding, items, kids, raised, company, business, startup, sight, worthy.
• Korean grocery startup Kurly raises $150M - Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be acquired soon. Sequoia Capital, Hillhouse Capital and DST Global invested in the Korean startup’s Series E financing round, which according to news outlet Korean Investors, valued […]
  Topics: financing, series, korean, million, kurly, raises, techcrunch, grocery, raised, korea, startup, round, 150m, reports, valued.
• LOLA just raised $24M for a subscription service that ships tampons, pads and now condoms - LOLA, a subscription service delivering tampons and pads, and now other products, including condoms, lubricant, and feminine cleansing wipes, has closed on $24 million in Series B funding. While the startup touts its products’ “100% organic” nature, it’s also well-received because of the customization offered and its direct-to-consumer nature. The new round of financing was […]
  Topics: service, women, ships, raised, lola, feminine, product, 24m, including, products, pads, subscription, condoms, tampons, organic, health.
• Lesara has filed for insolvency - German startup Lesara has filed for insolvency at its headquarters in Berlin. For many, this comes as a surprise, as the online store grew very fast and just opened a new logistics center. Also, the fashion and lifestyle retailer raised tens of millions of euros in funding over the last… Continue reading
  Topics: euros, insolvency, million, raised, lesara, logistics, filed, roman, startup, opened, center.
• Luxiee secures six-figure funding from Singapore investor - Singapore-headquartered online diamond marketplace, Luxiee, has raised a six-figure investment in a private seed-funding round.
  Topics: kho, business, funding, luxiee, team, raised, diamond, marketing, investor, marketplace, online, singapore, value, secures, sixfigure, model.
• ManoMano raises $139 million for its home improvement e-commerce platform - French startup ManoMano is raising another mega round of funding. The company operates an e-commerce website for DIY, home improvement and gardening products. This time, ManoMano is raising $139 million (€125 million), with Temasek leading the round. General Atlantic, Eurazeo, Piton Capital, Bpifrance and Kismet Holdings are also participating. The company announced another significant funding […]
  Topics: ecommerce, sales, raising, improvement, million, round, techcrunch, funding, manomano, service, raised, platform, company, raises.
• Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A - Jüsto, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. The amount is sizable for a Series A in general, but supersized for a LatAm startup. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest […]
  Topics: online, atlanticled, techcrunch, capital, 65m, latin, round, raised, jüsto, grocer, mexican, series, digital, suppliers, mexico, general, raises.
• Mollie raises 25 million euros - Dutch online payment processor Mollie has raised 25 million euros from a group of technology and payment entrepreneurs. With the money, Mollie wants to accelerate its expansion through Europe. It’s the first time Mollie has raised money. Since the founding in 2004, the company managed to become a profitable business… Continue reading
  Topics: investors, founders, mollie, euros, raises, wants, team, million, operators, payment, tech, entrepreneurs, raised.
• Move over Le Creuset? A new cookware startup founded by and for millennials is getting down to business - Sometimes, it’s hard to imagine a product or industry that a new e-commerce startup hasn’t tried to remake already, from slippers to mattresses, from luggage to lipstick. Yet two childhood friends in New York have seemingly struck on a fresh idea: taking on the stodgy and often expensive world of cookware, where one’s options out of college are usually limited to […]
  Topics: stainless, great, york, founded, getting, creuset, raised, startup, jones, millennials, le, including, business, cookware.
• Norway’s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe - Food delivery startups, and specifically those focused on grocery delivery, continue to reap super-sized rounds of funding in Europe, buoyed by a year of pandemic living that has led many consumers to shift to shopping online. Today, the latest of these is coming out of Norway. Kolonial, a startup based out of Oslo that offers […]
  Topics: grocery, kolonial, grow, europe, delivery, munthekaas, oda, valuation, rebrands, techcrunch, norways, million, funding, online, raised, market, week.
• Passport, a customer service company focused on shipping, has raised $3 million in seed funding from some notable names - Founders building a brand today are largely relying on new infrastructure to do it, though they’re still heavily reliant on legacy carriers like FedEx and DHL when it comes to international shipping. In fact, prohibitively high prices, along with not a lot of support or tools, are a few reasons why more American products aren’t […]
  Topics: names, service, raised, passport, parcels, packages, brands, million, notable, focused, shipping, company, funding, international, experience, carriers, point, seed, customer.
• Personalized wine? This Milwaukee company just raised $8.5 million to prove it’s the future - Wine buying is daunting for most people, whether it’s online or off a menu or in an aisle filled with so many brands that it’s hard not to buy the same products time after time, just to stay sane. Therein lies the opportunity for Bright Cellars, a nearly four-year-old, 40-person Milwaukee, Wis.-based startup that sells […]
  Topics: companies, company, wine, yau, theyre, personalized, milwaukee, prove, wines, million, bright, laurendi, data, raised, cellars, future.
• Plant-focused startup The Sill raises $5M - The Sill, a startup that sells potted plants online and in physical stores, announced this weekend that it has raised $5 million in Series A funding led by Raine Ventures. The company was founded in 2012 and has now raised a total of $7.5 million. It was bootstrapped until last year, when it raised seed […]
  Topics: raises, business, sill, plantfocused, startup, funding, blank, stores, company, ventures, plants, raised, 5m.
• Portuguese marketplace Bizay raises €32 million - 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. Bizay is an online platform from Portugal that’s aimed at small-to-medium sized businesses. It allows… Continue reading
  Topics: million, raised, round, portuguese, supply, euros, orders, marketplace, raises, products, bizay, smbs, customized.
• Postmates raises another $300M, reportedly valued at $1.2B - On-demand delivery service Postmates announced this morning that it has raised $300 million in additional funding led by Tiger Global Management. While the company’s press release doesn’t mention this, Fortune reports that the deal valued Postmates at $1.2 billion. Tiger’s Scott Schleifer is joining the board of directors. Postmates does say that it’s completing “millions” […]
  Topics: raises, valued, ondemand, delivery, billion, raised, postmates, reportedly, million, past, announced, cities, release, 300m, 12b.
• Print-on-demand platform Moteefe raises €4.5 million - Moteefe, a Dutch platform for on-demand production of merchandise, has raised 5 million dollars (4.54 million euros) in a Series A round led by Gresham House and Force Over Mass Capital. The money will be used for further expansion across the globe, launching new products for large retailers and scaling… Continue reading
  Topics: euros, platform, round, total, merchandise, service, retailers, raised, moteefe, raises, million, printondemand.
• Razor raises €25 million to acquire and scale Amazon brands - 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. The new round consists of equity financing and a credit line. Ten million euros… Continue reading
  Topics: heroes, raises, euros, amazon, market, acquire, raised, million, financing, scale, brands, razor, stores.
• Sick of managing your Airbnb? Vacasa raises $64M to do it for you - Airbnbing can be a ton of work. Between key pickups, tidying, and maintenance emergencies, renting out your place isn’t such a passive revenue source. But Vacasa equips owners with full-service vacation home management, including listings on top rental platforms like Airbnb and HomeAway, as well as local cleaners who come between guests. It now manages […]
  Topics: airbnb, sick, series, weekend, vacation, 64m, owners, equity, vacasa, managing, million, market, raised, raises.
• Singapore’s Qoo10 acquires Indian online marketplace ShopClues - Qoo10, a Singapore-based e-commerce firm, has acquired India’s online marketplace ShopClues in an all-stock deal, the two companies said Thursday. The deal, which per two people familiar with the matter valued ShopClues between $50 million and $80 million, ends years-long struggle at the Indian firm, which was valued at $1.1 billion in 2016, to find […]
  Topics: raised, global, deal, venture, online, singapores, qoo10, indian, acquires, company, companies, shopclues, valued, techcrunch, million, marketplace.
• Southeast Asia’s ShopBack moves into personal finance with its first acquisition - Singapore-based e-commerce startup ShopBack came on the radar when it raised $25 million last November, and now the company is making its first acquisition. ShopBack said today it has picked up Seedly, a fellow Singaporean startup that offers a personal finance service, in an undisclosed deal. The entire team will move over and Seedly will continue as […]
  Topics: shopback, personal, million, ecommerce, moves, deal, asia, asias, raised, startup, finance, acquisition, southeast, seedly.
• Square is acquiring website builder Weebly for $365M - Square just announced that it’s reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it’s also been expanding into other areas; for example, with the acquisition of food delivery service Caviar and corporate catering startup Zesty. Weebly, meanwhile, offers easy-to-use […]
  Topics: million, website, acquiring, tools, rusenko, acquisition, company, raised, builder, working, weebly, team, square, 365m.
• Stockwell, the AI-vending machine startup formerly known as Bodega, is shutting down July 1 - Stockwell AI entered the world with a bang but it is leaving with a whimper. Founded in 2017 by ex-Googlers, the AI vending machine startup formerly known as Bodega first raised blood pressures — people hated how it was referenced and poorly “disrupted” mom-and-pop shops in one fell swoop — and then raised a lot […]
  Topics: aivending, vending, business, startup, shutting, techcrunch, bodega, industry, known, covid19, raised, investors, machine, machines, stockwell.
• Thrasio expands budget to grow across 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. One of its latest acquisitions is that of… Continue reading
  Topics: money, scaling, million, expands, thrasio, budget, wins, grow, international, marketplaces, raised, europe, amazon.
• ThredUp, whose second-hand goods will start appearing at Macy’s and JCPenney, just raised a bundle - ThredUp, the 10-year-old fashion resale marketplace, has a lot of big news to boast about lately. For starters, the company just closed on $100 million in fresh funding from an investor syndicate that includes Park West Asset Management, Irving Investors and earlier backers Goldman Sachs Investment Partners, Upfront Ventures, Highland Capital Partners and Redpoint Ventures. […]
  Topics: resale, jcpenney, thredup, goods, market, techcrunch, secondhand, used, stores, appearing, customers, bundle, macys, think, start, buying, raised, brands.
• US wholesale platform Joor to expand into Asia - US wholesale platform Joor has raised US$16 million to fund expansion.
  Topics: retailers, platform, asia, million, joor, brands, wholesale, itouchu, raised, expansion, expand, mission.
• Vegan meal kit startup Purple Carrot raises $4M from Fresh Del Monte - Purple Carrot announced this morning that it has raised $4 million in strategic funding from Fresh Del Monte Produce. The company, which delivers completely plant-based (vegan) meal kits to subscribers, was founded in 2014. It has, in part, gotten attention through celebrity involvement, first by enlisting food writer Mark Bittman as its chief innovation officer […]
  Topics: del, meal, carrot, million, purple, kit, fresh, raised, company, vegan, strategic, plantbased, raises, monte, startup.
• Vestiaire Collective raises $64.2 million for its second-hand fashion platform - Vestiaire Collective just closed another big round of funding in the middle of an economic crisis — the round closed in early April. The startup raised $64.2 million (€59 million) and the company has raised more than €209 million in total, according to Crunchbase. Vestiaire Collective operates a marketplace of pre-owned fashion items. Users can […]
  Topics: items, collective, shipping, round, working, raised, secondhand, startup, vestiaire, platform, techcrunch, raises, company, million, fashion.
• Zilingo raises fresh funding - Online marketplace Zilingo has raised US$226 million in its recent Series D funding.
  Topics: latest, fresh, raised, capital, round, zilingo, funding, markets, wasnt, raises, million, company, sequoia.
• Zilingo trims staff, refocuses on Asia - Online fashion platform Zilingo has axed about 45 staff, including 30 in its Singapore head office, as it refocuses on Asia in the wake of the coronavirus pandemic.
  Topics: million, partners, asia, markets, raised, staff, platform, fashion, trims, refocuses, global, zilingo, spokesperson, company.