Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Jobs
  • Partner with us
  • About us
    • About
    • Contact
    • Newsletter
    • Team
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Jobs
  • Partner with us
  • About us
    • About
    • Contact
    • Newsletter
    • Team
No Result
View All Result
Silicon Canals
No Result
View All Result

Paris-based B2B marketplace Ankorstore raises €25M in its Series A funding round led by Index Ventures

Editorial team by Editorial team
December 2, 2020
in (Crowd)funding, E-commerce, News
0
Ankorstore
85
SHARES
LinkedInTwitterWhatsAppFacebook

With an aim to empower local retailers, France-based Ankorstore, an online platform connecting up-and-coming brands with neighbourhood retailers, has reportedly raised €25M in its Series A round of funding led by Index Ventures.

Besides, existing investors, including GFC, Alven and Aglaé, also participated in the current round. The raised capital will be used by the startup to add more independent shop partnerships and to expand beyond its existing eight European markets, including the UK by next year.

About Ankorstore

Ankorstore was founded in 2019 by former executives of Etsy (an e-commerce website focused on handmade or vintage items and craft supplies) including Nicolas Cohen, and Nicolas d’Audiffret, and serial entrepreneurs Mathieu Alengrin, and Pierre Louis Lacoste.

Ankorstore is an online B2B marketplace that connects brands and designers with boutiques all over Europe. Besides, they allow on-trend brands to sell through local businesses, and retailers to sell products that cannot usually be found on major e-commerce sites or large retail chains.

Ankorstore offers benefits for both retailers and brands. 

Retailers can discover and select from thousands of brands, benefit from 60-day payment terms, test sales with a low minimum order quantity, and take advantage of the continually evolving tools offered by the platform.

As for brands and creators, Ankorstore allows them to sell their products to stores all around Europe, benefitting from direct contact and returns with retailers, and payment upon delivery, solving any cash flow issues.

Growth and development

“Within the context of the current retail crisis, independent stores see Ankorstore as a way to control their cash flow, be more responsive, manage their stock as precisely as possible, and gain access to the best European brands,” explains Pierre-Louis Lacoste, co-founder of Ankorstore.

The startup works with 2,000 brands and 15,000 shops and claims its sales grew 20 times between February and October this year.

Currently live in eight countries including France, Spain, Austria, Germany, Belgium, Holland, Switzerland, and Luxembourg, the startup says France is its biggest market, followed by Germany.

Besides, Ankorstore is also planning to launch its services in the UK next year.

Last year in December, Ankorstore had raised €6M in its Seed round of funding, according to CB. The capital was raised from investors including GFC, Aglae Ventures and Alven Capital, to build a business around the company’s platform.

Image credit: Twitter

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Future Hamburg Award 2021
Future Hamburg Award 2021
Call for startups with innovative solutions for the future cities from all over the globe.
Call for startups with innovative solutions for the future cities from all over the globe. Show Less
Read more
Tags: ecommercefundingnews
Share6Tweet21SendShare34

Featured events

Current Month

april

No Events

Partner content | Work with us

Amsterdam-based Lumicks raises €77.6M to provide instruments to reveal unique molecular, cellular interactions

Calling all European deep-tech scaleups: EIT Digital Challenge 2021 registration is now open

Amsterdam-based SaaS startup SwipeGuide raises €5M for international expansion; aims to double its staff in 2021

Innovation against climate change: what Blue Tulip Awards’ experts on Climate & Energy are looking for

Blue Tulip Awards’ experts of Finance & Prosperity: why COVID, regulations and digitisation boost innovation

Silicon Canals Jobs


Breaking news from Amsterdam | Partner

How to find your way in Amsterdam’s alternative funding jungle: An interview with Renée Andela of KplusV

Amsterdam’s test automation startup SEGRON raises funding; looks to increase workforce by 30% by 2021-end

After tripling its revenue in 2020, Amsterdam-based fashion e-commerce startup Otrium raises €102.3M

Amsterdam’s IoT spacetech startup Hiber raises €26M to expand the world’s first global IoT satellite network

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Jobs
  • Partner with us
  • About us
    • About
    • Contact
    • Newsletter
    • Team

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info