Sweden’s last-mile delivery service Instabox craves Poffertjes, enters Dutch market through acquisition of Red je Pakketje

Stockholm-based last-mile deliveries for e-commerce company Instabox has acquired Dutch firm Red je Pakketje, and now establishes a strong presence in the market. While officially announced today, the acquisition closed in mid-April. Red je Pakketje founders Sam Rohn, Tijs van Driel, and Kay Rohn will stay on with the new company and are reportedly reinvesting […]

Paris-based retail collaboration platform Alkemics snapped up by Boston’s Salsify

Parisian retail collaboration and supplier experience management platform Alkemic has been acquired by Boston-based commerce experience management platform Salsify. That’s a whole lot of experience management. Alkemics CEO and founder Antoine Durieux and the rest of the executive team will continue to lead Alkemics business operations. Salsify and Alkemics have a long-established working relationship, with […]

Amsterdam-based e-commerce platform Orderchamp raises $20 million, seeks to sew up European market

Amsterdam’s wholesale marketplace scaleup Orderchamp has $20 million in a Series A round led by Prime Ventures. Existing investors henQ and several angel investors also participated in the raise. Independent retailer-friendly Orderchamp is expecting to use the capital to expand the company’s international presence, improve the purchasing experience, and ramp up integrations with commerce systems. […]

London-based Taster gobbles up $37 million in Series B round

Taster, the London-based company behind a series of digital restaurant brands, has raised $37 million in a Series B round led by Octopus Ventures. The financing also saw participation from Rakuten as well as existing investors Battery Ventures, LocalGlobe, and Heartcore Capital. The funding is expected to expand the company’s presence across its three existing […]

Paris-based food marketplace La Ruche Qui Dit Oui ! receives undisclosed investment from Munich’s Cipio Partners, moves forward with home grocery delivery service

It’s no secret that 2020 saw the rise of the get-it-delivered-to-your-door service. Glovo’s €450 million raise comes to mind, or perhaps Gorilla’s rapid expansion and $290 million raise. And as with every hot commodity, there’s bound to be an alternative player (or 10) bubbling along just below the surface. Perhaps one with a healthier, more […]

Turkey’s e-commerce platform Trendyol receives $330 million additional investment from Alibaba

Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. According to Webrazzi, and confirmed via Reuters, this investment would see Trendyol’s valuation increase to $11 billion.  But that’s not the whole […]