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.
Chinese e-commerce giant JD.com is investing $397 million in the London-based luxury fashion platform Farfetch. Richard Liu, JD.com’s founder and CEO, will join Farfetch’s board along with the deal.
The e-commerce platform and energy savings consultancy company SaveMoneyCutCarbon has received £2.2m in funding from IW Capital.
German online lamp shop Lampenwelt.de has received a major investment of €120 million, coming from the venture capital firm 3i. The company says 3i will also provide a short-term loan of €54 million. The lamp shop generated sales of €61 million in 2016.
Israeli group shopping company Shopiz has raised a $2 million funding round led by Ron Zuckerman and other private investors. This is the company’s second financing round, and it has raised $3.5 million to date. The new funding wil be used to hire new staff and expand the company internationally.