Ankorstore raises €82.2M; looks to open local offices in Amsterdam and other European cities
Ankorstore is an online B2B marketplace that connects brands and designers with boutiques all over Europe.
E-commerce startups
193 articles · E-commerce startups
Berlin-based Razor Group bags €331.6M to acquire and scale Amazon FBA merchants
Razor Group is a global consumer holding company that acquires and operates online marketplace merchants, with a focus on category-leading Amazon FBA sellers.
Klarna gets a new London HQ, plans to double UK headcount
Klarna is an e-commerce payment solutions platform for merchants and shoppers and is also a regulated bank known for its “buy now, pay later” model - offers shoppers interest-free financing on retail purchases over a period of instalments.
After backing Oslo’s Kolonial, Kinnevik invests €14.8M in Swedish online grocer MatHem’s €108.65M funding round
MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries.
Amsterdam-headquartered Hotmart raises €110M to grow its digital enablement platform internationally
Hotmart is a digital enablement platform with a diverse and fast-growing ecosystem of creators and consumers.
After tripling its revenue in 2020, Amsterdam-based fashion e-commerce startup Otrium raises €102.3M
Otrium is a technology platform via which fashion brands can sell their leftover stocks at a discount.
Inovia Capital raises €377M for second growth fund; looks to grow its presence, increase investments in Europe
Inovia Capital, a Montreal-based venture firm, has closed its second growth fund at $450M (approx €377M).
French resale platform Vestiaire Collective’s €178M funding round backed by Gucci owner Kering; achieves unicorn status
This round has granted Vestiaire Collective the “unicorn” status as the company is in a position for its next cycle of accelerated growth following its transaction volume growth of over 100 per cent year-on-year.
Trustpilot gears up to be a unicorn as it plans London IPO: Here’s what to expect
Trustpilot mentions that it would have a free float of at least 25 per cent of issued share capital and may raise approx €41.5M capital for growth and to repay debt.
Spain’s Wallapop raises €157M at a valuation of €690M: here’s what you need to know about this virtual marketplace
Wallapop is a hyper-local virtual marketplace for buying and selling secondhand goods.
Amazon’s Dutch rival Coolblue achieves a turnover of €2B in 2020; acquires energy company ServiceHouse
Dutch e-commerce scaleup Coolblue, on Wednesday, announced its financial results for 2020. Founded by Pieter Zwart, Paul de Jong, and Bart Kuijpers in 1999, Coolblue has 14 physical stores in the Netherlands and Germany.
Danish-born Wine app Vivino raises €128.8M as it rides ‘high’ on pandemic-driven growth
Vivino is a developer of a wine recommendation and marketplace app used to view ratings and buy wines anywhere.