Berlin-based startup Fraugster that applies AI and machine learning algorithms to fraud detection in the e-commerce space, has raised $14 million in a funding round led by CommerzVentures, the venture capital subsidiary of Commerzbank, and early Fraugster investors Earlybird, Speedinvest, Seedcamp and Rancilio Cube, with participation from HSB Ventures, the venture capital arm of the […]
British menswear suggestion and matching startup Thread has raised $22 million in a Series B funding round from Balderton Capital, Beringea, Forward Partners, and H&M group’s investment arm H&M CO:LAB, with participation from Maurice Helfgott and Sebastian Picardo. The company plans to use the funding to hire more AI specialists and ramp up its brand […]
Helsinki-founded e-commerce personalisation startup Nosto has raised $7.4 million in a funding round led by Tesi, OpenOcean, and Idinvest. The company plans to use the capital injection to fuel its international expansion and further develop the machine learning core of its product. Nosto is a comprehensive solution for e-commerce companies that analyses customers’ behaviour on […]
German customisable furniture e-commerce startup MYCS has landed a €10 million Series B funding round led by Beringea, with participation from Zimmerman Investments and existing shareholders. The unique selling point of MYCS is that it’s offering a reasonably wide variety of customisation options for its wardrobes, sofas, shelving, tables, and chairs while keeping them within […]
French startup Back Market has secured a funding round of $48 million from Groupe Arnault, Eurazeo, Aglaé Ventures, and Daphni. The company intends to use the money to grow its refurbished electronics marketplace globally, with a particular focus on the North American markets. Founded in 2014, Back Market works with certified refurbishers, distributors, and brands […]
Foxintelligence, a French e-commerce company, raised €6 million in funding. The investors included Daphni, Global Founders Capital, eFounders, Partech Ventures, Iron Capital, Kima Ventures, LeStudio VC as well as several business angels.
Sarbacane Software, a French company that develops email marketing solutions for small businesses, announced that they have raised “several million euros” from Ardian investors during a recent funding round. The exact amount of funds raised was not officially stated by the company.