Russian peer-to-peer service marketplace YouDo raises $17 million

Russian-founded service marketplace YouDo has raised $17 million in a funding round led by the country’s largest telecommunication service provider, PJSC MTS, which contributed $12 million. With the fresh capital injection the company plans to launch new service categories in the near future, as well as begin an international expansion. Earlier this year, Russian newspaper […]

London-based trade finance distribution startup Tradeteq secures $6.3 million

British startup Tradeteq has raised $6.3 million in a seed extension funding round led by ADV. The company intends to use the money to further develop its marketplace platform that connects trade finance originators with institutional investors. Founded in the UK in 2016, Tradeteq wants to establish trade finance as an alternative asset class, said […]

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 […]

Turkish second-hand fashion marketplace Modacruz raises $2 million Series B

Istanbul-based Modacruz, an online marketplace for second-hand women’s fashion items, has raised $2 million in a Series B round. The investment was led by Middle East Venture Partners (MEVP), with participation from Hummingbird and Nevzat Aydin. This marks the third successful round for Modacruz, which received seed funding from Aslanoba Capital in July 2014.

B2B marketplace 360imprimir raises €4 million in new round

360imprimir, a Lisbon-based B2B marketing startup, has raised €4 million from Omnes Capital and Pathena. The Portuguese startup provides an online marketplace for physical and digital marketing goods and services. The new funds will be invested in product development, hiring, and international expansion. The startup previously raised €250,000 from Shilling Capital and reached €6 million […]