At a time when global retail has been struggling and supply chains have come to a grinding halt, London-based Moteefe has doubled the number of users and witnessed a strong customer demand for retailers’ products. The leading platform that sells unique and personalised merchandisable products has seen a surge in demand that has enabled them to grow the team and increase production.
Completes €9.3M funding
The e-commerce platform that provides infrastructure, customisation, and global fulfilment for retailers irrespective of their size has completed $11 million (nearly €9.3 million) funding. The round was led by BGF along with participation from existing investors such as Force Over Mass Capital and Gresham House Ventures. This round comes after the $5M Series A funding round announced in February 2020 and brings the overall funding to $23 million.