Berlin’s groceries-in-under-10-minutes firm Flink bags $240 million in Series A round, signs long term REWE Group support agreement

Berlin-based groceries-to-your-door-in-under 10 minutes firm Flink has raised $240 million in  Series A round led by Prosus, BOND, and Mubadala Capital. The funding round also saw a significant long-term nationwide supply agreement from major German grocer REWE Group. Including this investment, the firm, which is just over six months old has raised a total of […]

Helsinki’s e-commerce platform Nosto acquires US-based content marketing firm Stackla

Helsinki-based e-commerce platform Nosto has acquired content marketing startup Stackla. This marks Nosto’s first acquisition and provides a strong entrance into the Australian and Southeast Asian markets. To date, Nosto has raised $32.8 million over 4 rounds from investors including OpenOcean Capital, Idinvest, Sanoma Ventures, Tesi, EIB, Wellington Partners, and Kreos Capital. Terms and conditions […]

London’s Gen Z fashion marketplace Depop to be acquired by Etsy for $1.62 billion

Seeking to reach a younger audience, e-commerce platform Etsy is planning on acquiring London-based Gen Z fashion marketplace Depop for $1.62 billion. Depop will retain its existing offices and no staffing changes are planned. Founded in 2011 by Simon Beckerman, Depop counts approximately 30 million registered users, 90% of which are below the age of […]

Lisbon-based autonomous technology provider Sensei and Continente launch Europe’s first autonomous store, “apart from two others recently opened by a US retailer in the UK”

In conjunction with Continente, Portugal’s largest food retailer, Lisbon’s autonomous store builder Sensei is opening its doors to the public today. As per the press release, “This is the first autonomous store to open in Europe, apart from two others recently opened by a US retailer in the UK.” Read: Amazon Go. The store, dubbed […]

Paris-based customer experience SaaS Contentsquare raises $500 million in Series E round

Parisian customer experience platform Contentsquare has raised $500 million in a Series E round led by SoftBank Vision Fund. Existing investors Bpifrance, Canaan, BlackRock, Eurazeo, Highland Europe and KKR all participated in the round. As part of the deal Junichi Miyakawa, President of SoftBank Group International will join Contentsquare’s Board of Directors. The funding is […]

Latvian-founded Printful lands $130 million, joins the unicorn club

Latvian founded Printful has landed $130 million in fresh funds via private equity firm Bregal Sagemount reports The Wall Street Journal. With this funding, the print-on-demand company becomes Latvia’s first unicorn with a valuation of over $1 billion. The backing from Bregal Sagemount marks the first time Printful has taken on an institutional investor according […]