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 refurbished electronics marketplace Back Market raises $48 million to double down on North America
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 […]
French e-commerce company Foxintelligence raises €6 million in funding
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.
French company Sarbacane Software raises several million euros
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.
China’s JD.com invests $397 million in luxury fashion platform Farfetch
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.
Energy savings platform SaveMoneyCutCarbon raises £2.2 million
The e-commerce platform and energy savings consultancy company SaveMoneyCutCarbon has received £2.2m in funding from IW Capital.
German online lighting shop Lampenwelt.de receives €120 million from 3i
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.