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 […]
Global student accommodation marketplace Student.com has secured $10 million in funding from China’s CITIC Capital, which brings the total amount raised by the company to $80 million. Student.com was launched in 2011 and aimed mostly at students coming to Europe from Asia. Today, the marketplace lists accommodation for more than 1,000 universities across some 400 […]
Bilbao-founded luxury watches marketplace Chronoexpert has landed €800,000 in a funding round led by K Fund, with participation from several business angels. The startup plans to use the capital injection for product development and expanding its team. The company has stated that about half of its sales come from international markets and mentioned Rolex, Cartier, […]