Cazoo, the used-car sales platform, has reached ‘unicorn’ status after raising a little over $31 million (£25 million) at a $1 billion+ valuation to spur growth. Cazoo closed a £100 million round earlier this year, and this round brings its total raised to £200 million in a short time. In fact, the company was founded […]
Refurbed, an Austrian marketplace for refurbished electronics, has raised a $17 million Series A led by Finnish Evli Growth Partners. Almaz Capital, Bonsai Partners, All Iron Ventures and FJ Labs joined as new investors, while existing investors Klaus Hofbauer and Inventure Partners also participated. Refurbed sells phones, laptops, and tablets that have gone through a […]
Vinted, a Lithuanian online used-clothing retailer, has raised €128 million euros (roughly $140 million) in a funding round that valued it at more than €1 billion, making it the small Baltic nation’s first tech unicorn. The round was led by Lightspeed Venture Partners and joined by prior backers such as Sprints Capital, Insight Venture Partners, […]
UK-based car marketplace Carwow today announced a £25 million strategic funding round, led by German car manufacturer Daimler, the parent company of the Mercedes-Benz brand. Daimler exec Axel Harries will also take a seat on the Carwow board of directors. It’s the first time the London scale-up has opened up to strategic investors, having earlier […]
Gothenburg-based fashion e-commerce company NA-KD gets an extension of €20 million in funding as part of its Series B, making it worth €65 million in total. The extension was led by existing investors Partech, Northzone and eEquity, and included new investors Quadrille Capital and La Maison. NA-KD official reports in net sales in 2018 are […]
Berlin-based startup LemonOne has landed a growth funding round led by Acton Capital, with participation from existing investor Redalpine. The startup didn’t disclose the exact amount of money raised. LemonOne has built a photo shoot booking platform that connects clients to more than 6,000 freelance photographers and videographers across Europe. For freelancers, LemonOne takes care […]
UK-based Depop, which operates an online fashion marketplace for ‘Generation Z’, has raised $62 million in a Series C round led by General Atlantic, a US-based investor. That ties into the startup’s ambitions, which is to accelerate its growth across the Atlantic, where it boasts stores in NYC and Los Angeles. In fact, Depop says […]