The retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
€86 billion…Nauta Capital has launched its European RetailTech Startup Report 2020.
This finds that European retail tech startups have a combined value of €86 billion.
€5 million…German startup Loyalty Prime, developer of an SaaS-based loyalty platform, has closed a €5 million Series B round.
$40 million…Deliverr has closed a $40 million Series C round led by Activant Capital.
1,300…Courier company Hermes is planning to build a distribution warehouse in Barnsley that will create about 1,300 jobs.
The 363,000 sq ft (33,724 sq m) depot, named Colossus, will be located in Hoyland near the M1 motorway and handle up to 1.3 million parcels a day.
£3 million…UK-based online marketplace OnBuy.com has secured a £3 million investment from Fuel Ventures.
$36 million…Customer engagement platform startup, Dixa, has closed a $36 million Series B round led by Notion Capital, with participation from existing investors Project A Ventures and SEED Capital.
500,000…CitySprint’s last mile delivery startup, On the dot, has announced that its evening service is nearing half a million deliveries for the 22 retailers currently signed up.
€7.8 billion…Worldline is to acquire Ingenico, in a cash and share deal that gives the latter a valuation of €7.8 billion ($8.6 billion) and creates the fourth largest payment services player worldwide.
€11 million…Italian startup Supermercato24 has raised €11 million as it looks to expand in Europe.
€3.7 million…Swedish startup Formulate, which specialises in AI-driven solutions for retail promotions, has closed a late-seed round of €3.7 million, led by henQ and also including Industrifonden and J12 Ventures.
51% of US retailers are suffering from information overload when it comes to software purchases, according to research by Brightpearl.
96,000…Amazon, Aldi and M&S Simply Food are the most loved retailers in the UK, according to a study of 96,000 consumers from Savanta.
$223 million...UK-based cash technology solutions venture Glory Group is set to become a major investor in French company Acrelec after plunking down $223 million.
