HelloFresh tech.eu

HelloFresh plans to buy US meal delivery company Factor for up to $277 million

Berlin-born HelloFresh announced its US subsidiaries have entered into an agreement to buy Factor 75 for up to $277 million. Of that amount, $177 million is payable upon the closing of the transaction, while up to $100 million is structured as performance-based earn-out. In a press release, the German company says it’s acquiring “all of […]

CBD e-commerce startup Alphagreen raises over £1 million to expand to US

Alphagreen, a London-based online marketplace for CBD and alternative healthcare products, has secured £1.1 million of seed funding to help roll out new products and services alongside their expansion into the US.  Backers include Stockholm-based Enexis, US cannabis fund West Creek Investments and angel investors, including Igor and Oleg Tikhturov.  The company runs an online […]

Barcelona-based delivery startup Paack lands $53 million

E-commerce delivery startup Paack has secured a $53 million Series C funding round led by Bregal Milestone, with participation from the current investors Unbound, RPS Ventures, Rider Global, and Fuse Ventures. This transaction brings the total amount raised by the startup to over $80 million. Founded in 2015, Paack provides a delivery platform for the […]

Alkemics tech.eu

French retail tech company Alkemics seals €21 million Series C to expand into Germany, Benelux and Scandinavia

Alkemics, a Paris-based platform that connects global retailers with suppliers large and small, has raised a €21 million Series C round led by Highland Europe, along with Index Ventures, SEB and Cathay Innovation. Since raising €20 million in 2016, Alkemics has worked with the largest grocery retailers in France and the UK (including E.Leclerc, Intermarché, […]