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Cannabis Fashion North America Retail

Burb Announces $4 Million Funding Round to Expand Retail Operations In British Columbia and Launch Products In Ontario and United States

– Burb Cannabis Corp. (“Burb” or the “Company”), a global cannabis lifestyle brand and high-end retailer with branded products and apparel, has successfully closed its $4M Series A funding round, led by Connecticut-based private equity group KarpReilly.
– The Company also closed the round with participation from American record label 300 Entertainment CEO and Co-Founder Kevin Liles.
– Burb plans to deploy this capital to increase its network of cannabis retail stores in British Columbia (BC) and to support the launch of its private label, Burb-branded cannabis products across Canada and into California.

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Construction Events Industrial Industrial Manufacturing North America Packaging Services Retail SaaS Staffing Agency Virtual Workforce

WurkNow Raises $10M in Series A Funding

– WurkNow is a digital staffing and workforce management platform for hourly work.
– Company raised $10m in Series A funding.
– The round was led by Newport Hayseed Group.
– The new investment will be used to optimize the company’s user base and product offering, including investments in new product development, staff growth and scaling its brand and market presence.

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E-Commerce North America Product Design Retail

Brunt Workwear Raises $8.4M in Series A Funding

– Brunt Workwear is a Boston WA-based workwear brand.
– The company raised $8.4M in Series A funding.
– The round was led by TF Cornerstone with participation from Andrew Rosen and Ben Fischman.
– The new investment will be used to increase production, grow its leadership team, and expand into new categories and classifications.

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E-Commerce Furniture Manufacturing North America Retail

Outdoor Living Brand Outer Raises $50M in Series B Funding

– Outer, the fastest growing direct-to-consumer home brand of 2020, announces the close of a $50M Series B investment round.
– The new investment was led by Kathy Xu of Capital Today along with Tribe Capital, C Ventures, TRAC VC, and Upfront Ventures.
– Existing investors, including Sequoia Capital China, Mucker Capital, Mantis VC, Unpopular Ventures, and Reimagined Ventures also participated in the round.
– Outer raised $10.5M in Series A funding in January 2021, bringing the startup’s total funding to $65M.
– Outer was named the fastest growing home brand of 2020 by SimilarWeb and Business Insider, experiencing a 1000%+ increase in sales amid the pandemic.

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E-Commerce Food and Beverage Marketing Automation North America Payments Restaurants Retail SaaS Small and Medium Businesses Software Transaction Processing

SpotOn Raises $300 Million in Series E Funding Led by Andreessen Horowitz; Transaction Values Company at $3.15 Billion

– SpotOn, one of the fastest-growing software and payments companies with comprehensive solutions for restaurants and retail businesses, announced $300m in Series E funding, raising its valuation to $3.15bn.
– The funding will be used to acquire Appetize, a leading digital and mobile commerce platform for enterprise businesses, such as sports and entertainment venues, theme parks, zoos, college campuses, and more.

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E-Commerce Information Technology Internet Mobile Payments Retail Western Europe

Scalapay Raises $155M Series A at a $700M valuation led by Tiger Global to Provide BNPL Globally

– Scalapay, a leading payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest, today announced that it has raised $155M in equity funding as part of their Series A investment round.
– The round was led by Tiger Global, with participation from Baleen Capital and Woodson Capital.
– The new investors join existing investors Fasanara Capital and Ithaca Investments.
– The new funding will go towards Scalapay’s growing team and operations.

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Consumer Goods E-Commerce North America Retail

ShopperPlus Raises CAD $20M in Series A Funding

– ShopperPlus is a Vaudreuil-Dorion, Quebec, Canada-based e-commerce platform.
– Company raised CAD $20m in Series A funding.
– The round was led by Celtic House Asia Partners with participation from Canada Business Growth Fund, Celtic House Venture Partners and the National Bank of Canada, as well as individual investors e-commerce shopping app Wish co-founder Danny Zhang and Sequoia China managing director Kevin Pan.
– The company intends to use the funds to expand the platform to include more vertical product offerings as well as to broaden its in-house fulfillment centres’ coverage.

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Agriculture E-Commerce Food and Beverage Food Delivery Hospitality North America Retail

Fresh Prep Raises $21M in Series B Funding

– Fresh Prep is a Vancouver, Canada-based meal kit company.
– The company raised $21M in Series B funding.
– The round was led by Yellow Point Equity Partners with participation from Renewal Funds.
– The new investment will be used to accelerate growth through talent acquisition, automation, new products, and geographic expansion.

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E-Commerce Retail Western Europe

Cajoo raises $40 million for its instant grocery delivery service

– French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies.
Carrefour, the supermarket giant, is leading the round. Headline (formerly e.ventures) is also participating in the round as well as existing investors Frst and XAnge.
– Cajoo will take advantage of Carrefour’s purchasing organization. This way, Cajoo will be able to offer more products to its customers.

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Consumer Electronics E-Commerce Retail Western Europe

Berlin Brands Group, now valued at $1B+, raises $700M to buy and scale merchants that sell on marketplaces like Amazon

– Berlin Brands Group (BBG) — one of the new wave of e-commerce startups hoping to build lucrative economies of scale around buying up smaller brands that sell on marketplaces like Amazon and using technology to run and scale them more efficiently — has picked up a big round of funding to fill out that mission.
– The startup has closed a round of $700 million, comprising both equity and debt, which it will use in part to continue building its fulfillment and logistics infrastructure, as well as its tech platform, and in part to buy more companies.
Bain Capital is leading the equity portion of this round.

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E-Commerce Internet North America Retail Software

Jane Technologies Raises $100M in Series C Funding

– Jane Technologies, Inc. closed a $100m Series C round of funding.
– The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners.
– The company intends to use the funds to expand its digital presence, grow its team across multiple areas of operations, further enhance existing software solutions and introduce new technologies.

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Analytics E-Commerce Fashion Marketplace North America Retail Retail Technology Software

Trove Raises $77.5M in Series D Funding

– Trove is a Brisbane CA-based branded recommerce company.
– Company raised $77.5M in Series D funding.
– The round was led by G2 Venture Partners with participation from Bank of Montreal, Capital One Ventures, Commerce Ventures and Wellington Management.
– The new investment will be used to expand its roster of brand partners, strengthen its technology and logistics infrastructure, enter the luxury vertical, and service a new customer audience in Europe.

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Apps E-Commerce Finance Financial Services Retail Software Southeast Asia

SoBanHang gets $1.5M to help small Vietnamese stores sell online for the first time

– SoBanHang, a Vietnamese e-commerce enabler, raised $1.5m in seed funding.
– The round was led by FEBE Ventures, Class 5 and Kevin P. Ryan, founder of businesses like Gilt Groupe, Business Insider and MongoDB.
– The company plans to use the funding to expand its team and develop new features.

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Consumer Electronics Mobile North America Retail Software

Swyft Announces Strategic Investment

– Swyft, a leader in the robotic and software-powered marketplace, announced a seven-digit strategic investment from FEMSA.
– The investment will be used to further develop Swyft’s platform and expand its delivery network.
FEMSA is the largest beverage company in Latin America and the Caribbean.

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Brand Marketing Consumer Goods E-Commerce North America Retail

D1 Brands Raises $123M in Series A Financing

– D1 Brands is a NYC-based Amazon FBA (Fulfillment by Amazon) acquirer built by Amazon-native third-party sellers.
– Series A $123m round was led by CoVenture and Crossbeam Venture Partners with participation from ID8 Investments.
– The new investment will be used to accelerate company growth through investments in new brand acquisitions, product development, technology, and talent.

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B2B E-Commerce Internet Logistics Mobile Payments Retail Sub-Saharan Africa

Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

– Alerzo, a B2B e-commerce retail startup, raised $10.5m in Series A funding.
– The round was led by Nosara Capital and joined by FJ Labs and several family offices from the U.S., Europe and Asia.
– The company has raised more than $20m since its launch.

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Beauty Consumer Consumer Lending E-Commerce Mobile North America Retail Shopping

Brandefy Raises $1.7M in Funding

– Brandefy from Richmond, Va. raised $1.7m in funding.
– The round was led by The Community Fund, Concept to Co, and Red Bike Capital, and angel investors.
– Led by founder and CEO Meg Pryde, Brandefy connects beauty enthusiasts with the best products and routines for them. The app allows users to compare formulas, ingredients, and prices to identify the best options for their needs/budgets.

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North America Organic Retail Women's

TOP the organic project Raises $2 Million in Seed Extension to Expand Access to Sustainable Period Products

– TOP the organic project, a women-owned, organic period product startup, has extended their seed round to raise $2m as they expand their presence in nationwide retailers and product offering.
– The funding will enable TOP to capitalize on strategic expansion and partnerships, bolster marketing initiatives and grow their team as they seek to provide women and girls with better and healthier products for themselves and the planet.

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Art Blockchain Computer Digital Marketing Digital Media E-Commerce Marketplace North America Retail Software

MakersPlace Raises $30M in Series A Funding

– MakersPlace, a San Francisco, CA-based NFT marketplace for digital art, secured $30M in Series A funding.
– The round was co-led by Bessemer Venture Partners and Pantera Capital with participation from Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Next Play Ventures, Coinbase Ventures and Sony Music Entertainment.
– The company will use the funds to acquire additional talent and scale the business in existing markets and explore new ones.

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Computer Retail Western Europe

Patchworks Raises £3.3M in Funding

– Patchworks from UK raised £3.3m in funding.
– The round was led by Gresham House Ventures on behalf of the Baronsmead VCTs.
– The new investment will be used to bolster sales and marketing capabilities and advance product development.

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North Africa and the Middle East Operating Systems Retail SaaS Software

Storee Closes $8M Seed Funding Round

– Storee, a Tel Aviv, Israel-based provider of a management platform for retail stores operated by Artificial Intelligence, raised $6.8m in seed funding.
– The round was led by private investors along with retail and consumer stores, including the American jewelry corporation Signet Jewelers.
– The company intends to use the funds to extend operation in Israel and abroad.

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E-Commerce E-Commerce Platforms Eastern Asia Marketplace Retail

Japanese sneaker platform SODA raises $56.4M, acquires rival Monokabu

– SODA, Japan’s largest sneaker media and C2C marketplace, raised Series C funding, which currently totals $56.4 million.
SoftBank Ventures Asia led this round.
– Other investors include South Korean sneaker reselling platform KREAM, Altos Ventures and JAFCO.
– SODA acquired rival Monokabu.
– SODA’s post-money valuation is now about 24 billion Japanese Yen, or about $218 million.
– Part of SODA’s Series C funding will be used to expand into other Asian markets, starting with Indonesia and the Philippines next year.

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E-Commerce North America Retail Shopping

Quinn Raises $10M in Series B Funding

– Quinn, a Boulder, CO-based natural foods snack company, secured $10m in Series B funding.
– The round was led by NewRoad Capital Partners with participation from Boulder Food Group, Echo Capital, and Sunil Thakor.
– The company intends to use the funds to support growth and product innovation, and the launch of its Be Better initiative.

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E-Commerce Food and Beverage North America Organic Food Retail Wholesale

Urban Remedy Closes $18M Series D Funding

– Urban Remedy from Point Richmond, CA offers certified organic ready-to-eat meals, snacks, and cold pressed juices.
– The company closed $18m Series D funding.
– The round was led by Manna Tree with participation from Builders Fund and Obvious Ventures.
– The new investment will be used to expand the company’s operations and support further manufacturing efficiencies and increased consumer awareness through digital marketing investments.

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North America Retail

Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A

– JOKR, a grocery and retail delivery platform, raised $170m in Series A funding.
– The round was led by GGV Capital, Balderton Capital and Tiger Global Management.
– It was joined by Activant Capital, Greycroft, Fabrice Grinda’s FJ Labs, as well as Latin America’s tech-specialized VC firms Kaszek and monashees, and HV Capital.
– Based out of New York, where it launched last month JOKR plans to roll out across cities in the U.S., Latin America and Europe.
– Right now it’s live in nine cities across Latin American countries Brazil, Mexico, Colombia and Peru, as well as Poland and Austria in Europe.

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E-Commerce Platforms North America Retail

Hammoq Raises $3M in Seed Funding

– Hammoq, a Phoenix AZ-based eCommerce platform, raised $3M in seed funding.
– The round was led by Origin Ventures with participants from Sierra Ventures, SaaS Ventures, and Silicon Road Ventures.
– The company intends to use the funds to expand its team and continue iterating on its product offerings.

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Alternative Medicine Cannabis Manufacturing North America Retail

C3 Industries Raises $25M in Equity Funding

– C3 Industries, an Ann Arbor, Mich.-based multi-state, vertically integrated cannabis company, raised $25m in funding.
– The round was led by existing investor Madison Square Park Capital with participation from current investor Welcan Capital and new institutional investor Navy Capital, among others.
– The company intends to use the funds to accelerate its expansion in both its existing markets of Michigan, Massachusetts, Missouri and Oregon as well as new states, which it plans to enter organically and via M&A opportunities.

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Food and Beverage Food Processing Organic Food Retail Southeast Asia

Next Gen Foods to launch its plant-based chicken in the U.S. after raising a $20M seed extension from investors like GGV

– Singapore-based Next Gen Foods will bring its plant-based chicken alternative to the United States after raising a $20m seed extension.
– Investors included GGV Capital, Bits x Bites, Yeo Hiap Seng, Chris Yeh, and Dele Alli.
– The first $10m was already the largest seed funding ever raised by a plant-based food tech company, based on data from Pitchbook, and now the round totals $30m.
– Part of the funding will be used to fill 50 roles in the U.S. for its research and development, sales, supply chain and finance and marketing teams.

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Customer Service E-Commerce North America Retail Shopping

Perfitly Announces the Close of a $725K Round of Equity Crowdfunding Through SeedInvest

– Perfitly, a virtual reality/augmented reality (VR/AR) and AI powered virtual fitting room solution that is being integrated into the e-commerce platforms of the nation’s leading retailers, announced the close of a $725K equity round through SeedInvest, a leading crowdfunding platform.
– Perfitly’s solutions reduce returns and increase sales, with substantial financial and sustainability improvements, for online apparel brands and retailers.
– Using Perfitly’s VR/AR solutions, garments are e-stitched to create a 3D replica, including all fabric properties – density, weight, stiffness, stretch, friction, and more.

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Consumer Goods E-Commerce Marketplace Retail Western Europe

OnBuy Raises £35M in Series A+ Funding

– OnBuy.com, a Bournemouth UK-based online marketplace, raised £35M in Series A+ debt and equity funding.
– The round was led by Bring Ventures, Norway Post venture arm, Fuel Ventures, Guy Hands (founder and chairman of Terra Firma Capital Partners), Knut Frängsmyr (Deputy CEO of Klarna) and Richard Goulding (founder of Play.com) amongst other strategic investors.
– The company intends to use the funds to to expand its leadership team, further develop its product offering for both sellers and consumers, and pursue global expansion.

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E-Commerce Mobile North America Retail Retail Technology SaaS Shopping

NewStore Raises $45M in Series B-1 Funding

– NewStore is a Boston MA-based omnichannel store solution provider.
– Company raised $45M in Series B-1 funding.
– It is backed by General Catalyst, Activant Capital, and Salesforce Ventures.
– The funding will be used to accelerate commercial efforts, expand globally, speed up product development, and increase employee headcount.

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iOS Mobile Apps North America Retail SaaS

Clientbook Raises $4.5M in Funding

– Clientbook, a Lehi UT-based provider of a mobile clienteling platform and app built specifically for retail, raised $4.5m in funding.
– The round was led by Aries Capital Partners with participation from Kickstart Fund and Florida Funders.
– The company intends to use the funds to expand the team, enter new verticals, and add some new product features to the mobile app and platform.

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