RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
$20 million…Berlin-based e-commerce data integration company, Productsup, has raised $20 million in funding led by Nordwind Capital and Deutsche Handelsbank.
£15.8 million…Butter, a London-based venture that started life as the UK’s first buy now pay later (BNPL) travel agency, has closed a £15.8 million funding round.
It says it will use the cash to “accelerate the roll-out of its responsible Open Banking-based BNPL shopping app”.
$335 million…Fake meat startup, LIVEKINDLY Collective, has announced a capital raise of $335 million. This brings the total raised in its first 12 months to $535 million.
133…M&S has joined FutureDotNow, a coalition of organisations focused on boosting the UK’s workplace essential digital skills.
There are currently 133 members, including Accenture, Asda, BT, Good Things Foundation, Lloyds Banking Group, Nationwide Building Society, Nominet, and PwC.
$100 million…European e-grocery marketplace, Everli, has raised $100 million in a Series C funding round led by Verlinvest.
The startup, which was previously known as Supermercato24, will use the cash to accelerate growth and expand its international footprint.
$300 million…Getir, a Turkish grocery delivery startup, has completed a $300 million Series C funding round, led by Sequoia Capital and repeat investor Tiger Global.
This closely follows a $128 million Series B round and values the company at $2.6 billion.
£3.4 billion…Clever online retailer tactics, like flash sales and selling fast tags, are driving £3.4 billion in impulse purchases by British consumers, according to a new report from Openpay.
$3.4 million…Headless commerce startup Swell has raised $3.4 million in seed funding.
$55 million…Benitago Group, a startup that buys and grows Amazon businesses, has raised $55 million in seed funding.
The New York-based venture has bagged a combination of debt and equity from Coventure.
$120 million…Otrium, a marketplace which helps fashion and clothing brands sell excess inventory that would otherwise go unsold, has announced a $120 million funding round co-led by BOND and Index Ventures.