Five stand out retail tech funding rounds in 2019
RTIH rounds up the retail technology ventures who have been making waves with major investments.
1. Einride
Self-driving electric shipping vehicles startup Einride has closed a $25 million Series A round.
2. Lemon Way
Lemon Way, a Paris-based payment processor for marketplaces, e-commerce sites and crowdfunding platforms, has raised €25 million from Toscafund Asset Management.
3. Dunzo
Dunzo has raised $45 million from Google, Lightbox Ventures, STIC Investment and STIC Ventures, and 3L Capital. The Series D round valued the startup at about $200 million. The Indian online delivery venture has raised $81 million to date.
4. e.fundamentals
UK-based e-commerce analytics firm e.fundamentals has closed a £5.3 million funding round led by Maven Capital Partners and also including long-term investment partners Downing Ventures and Scottish Enterprise.
5. commercetools
German e-commerce venture commercetools has announced a €130 million investment from Insight Partners to support its plans for growth in the USA, Asia-Pacific and Europe.
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