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E-Commerce Europe Marketplace Mobile

Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace

– Wallapop, a virtual marketplace based out of Barcelona, Spain that lets people resell their used items, or sell items like crafts that they make themselves, has raised €157 million ($191 million at current rates).
– The funding is being led by Korelya Capital, a French VC fund backed by Korea’s Naver, with Accel, Insight Partners, 14W, GP Bullhound and Northzone — all previous backers of Wallapop — also participating.
– The company currently has 15 million users — about half of Spain’s internet population, CEO Rob Cassedy pointed out to us in an interview earlier today — and it has maintained a decent No. 4 ranking among Spain’s shopping apps, according to figures from App Annie.

3D Printing 3D Technology Augmented Reality E-Commerce Europe Marketplace

3D model provider CGTrader raises $9.5M Series B led by Evli Growth Partners

– CGTrader, a 3D content provider, raised $10m in Series A funding.
– The round was led by Inventure and joined by other investors.
– The company plans to consolidate its position and further develop its platform.

Brand Marketing E-Commerce Marketplace North America Wholesale

Wholesale marketplace Abound raises $22.9M

– Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutional round of funding.
– The startup actually began as a community connecting manufacturer’s representatives and retailers, but Shope said the team “kept seeing the limits of that model,” while some retailers were asking to buy from the brands directly. So the team decided to support that experience, starting out by recruiting 50 brands with an offer of free consulting — as long as they were willing to be one of the brands on the marketplace when it launched in October 2019.

Artificial Intelligence Asia Career Planning EdTech Education Higher Education Internet Marketplace

Leverage Edu raises $6.5 million to help Indian students land in top colleges abroad

– Leverage Edu, a startup that helps Indian students land in top colleges abroad, raised $6.5m in a new financing round.
– The round was led by Tomorrow Capital and joined by existing investors Blume Ventures and DSG Consumer Partners.
– The startup plans to use the funds to expand its platform in the world’s second-largest internet market.

Apps Marketplace Mobile Apps North America Wine And Spirits

Wine App And Marketplace Company Vivino Raises $155 Million

– Vivino is a wine app and marketplace company.
– The company raised $155m in Series D funding.
Kinnevik led the round and joined by Sprints Capital and Creandum.
– Vivino has a community of 50 million wine enthusiasts.

Children E-Commerce Fashion Marketplace North America

Newly funded Maisonette is becoming a go-to brand for fashion-conscious families; here’s how

– Maisonette, a four-year-old, New York-based company, has aimed from the outset to become a one-stop curated shop for everything a family might need for their young children.
– That plan appears to be working. Today, the company — which launched with preppy young children’s apparel and has steadily built out categories that include home décor, home furniture, toys, gear and accessories — says it doubled its number of customers last year and tripled its revenue.
– Though the company keeps its sales numbers private, its growth is interesting, particularly given the unabated growth of Amazon, which became the nation’s leading apparel retailer somewhere around the end of 2018.

Europe Marketplace Mobile Payments Payments Real Estate

HousingAnywhere Raises €24M in Series C Funding; Acquires Kamernet

– HousingAnywhere from Rotterdam develops a rental accommodation marketplace for young professionals and international students.
– The company raised €24m in Series C funding.
– Backers included Ergeny Investments, and current investors VNV Global and Real Web, which led the round.
– Early-stage investor henQ Capital sold their stake.
– The new investment will be used to bring its marketplace and service offering to 17 more Focus Cities in Europe, to a total of 32, and to complete the acquisition of Kamernet, a Dutch classifieds website in the room, studio, and one-bedroom apartment categories.

Asia E-Commerce Grocery Marketplace Retail

Jumbotail Raises $14.2M Series B3 Funding

– Jumbotail is an online wholesale marketplace and new retail platform for grocery and food items based in India.
– The company raised $14.2m in Series B3 funding round.
– The round was led by VII Ventures.
– The company intends to use the funds to scale its business to new geographies, expand its private label portfolio, partner with more FMCG brands and to grow its network of J24 modern convenience omnichannel grocery stores in partnership with mom & pop entrepreneurs.

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