German online lender Kreditech has raised $10.4 million from e-commerce giant Rakuten.
Fast-growing Matsmart.se, which specializes in selling soon-to-be expired groceries, has raised an additional €3.7 million from North Zone and GP Bullhound, among others.
21sportsgroup, a German online and offline seller of sports clothing and accessories, has raised €15 million in debt funding to grow both its e-commerce operations and its network of physical stores (via Gründerszene). The company’s new backer is ESO Capital, a ‘special situations investment management group’, and the round complements an earlier equity funding round […]
France-based e-commerce solutions company Oxatis has raised €5 million to accelerate its European expansion as it hits 10,000+ active e-commerce sites. The capital comes from Arkea Capital and prior backers A Plus Finance and OMNES CAPITAL. Oxatis trades under the Actinic brand in the UK, the Xopie brand in Spain and MYTHO in Italy, and […]
Saldum Ventures, the Spanish parent company of e-commerce brands like Hawkers (sunglasses), Miss Hamptons, Northweek and Wolfnoir, has closed a €50 million Series A round of financing. The round was led by the founders of Tuenti, Félix Ruiz (of Jobandtalent), and Hugo Arévalo, who joins the Hawkers team as Executive Chairman. O’Hara Financial, a fund […]
Moroccan entrepreneur Rania Belkahia has raised €10 million in Series B funding for e-commerce platform Afrimarket, which targets the French-speaking countries of West Africa. (source: Les Echos) The Series B round brings total investment for Afrimarket, which is based in Paris and Abidjan (Ivory Coast), to €13 million euros. The company was established in 2013. […]
Cross-border e-commerce startup Global-e secures $20 million