Paris-based Cubyn receives venture debt financing to expand automated fulfillment services across France

Cubyn, a Paris-based fulfillment and logistics provider for e-commerce marketplaces, has secured an undisclosed amount of venture debt capital from Harbert European Growth Capital. The French startup claims its proprietary technology, deployed in warehouses, reduces logistics costs by a third. Algorithms determine the best carrier and time per shipment. In addition to fulfilling and shipping […]


Russian e-commerce platform Ozon lands $150 million to rival Amazon

Russian e-commerce platform Ozon has raised $50 million from US-based VC Princeville Capital, plus $100 million from existing investors Baring Vostok Capital Partners and Sistema. The round of financing is a convertible loan that can be turned into equity. “The Russian e-commerce market is experiencing significant growth driven by the increasing penetration of online sales […]


Cyprus-based startup ePlane raises $9 million to help aerospace industry undergo digital transformation

ePlane, a Cypriot startup that created an online marketplace for aircraft parts, has raised a $9 million Series A led by the Japanese corporation, Marubeni. Essentially, the ePlane platform digitises the procurement process for aviation companies, allowing users to buy or sell, loan or exchange airplane parts. The aptly-named Autopilot is an algorithmic matching feature, […]


German startup jumingo gets €1 million to expand its e-commerce shipping platform

German startup jumingo, a digital mail order marketplace, has raised around €1 million from German angel investors, led by Tim Schumacher (TS Ventures) with continued support from previous investors Ryan Hood and Arno Nonnen. Jumingo digitises shipping services, connecting e-commerce shops, marketplaces and management tools to one network of shipping providers. The company reports that […]

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James and James Fulfilment gets £11 million to grow its e-commerce fulfilment software and services

James and James Fulfilment, a UK-based e-commerce fulfilment platform and service, has raised £11 million from LDC, part of Lloyds Banking Group. The new funding will go to developing the company’s software and the operational infrastructure. On the operational side, the company provides the typical fulfilment services to e-retailers, services such as storing products, packing […]