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NTWRK Secures $50M
NTWRK Secures $50M
UN

Unicorn Nest news

E-Commerce E-Commerce Platforms Internet Media and Entertainment North America Shopping Video Video Streaming

NTWRK Secures $50M

– Ntwrk, a livestream shopping platform that broadcasts 24/7 from a New York City storefront, has raised $50m.
– The round was led by the Goldman Sachs Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), and global luxury group Kering.
LionTree Partners and Tenere Capital also participated.

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Artificial Intelligence Computer North America Shopping Software

Cashierless checkout company Zippin raises $30M

– Zippin has raised $30m in a series B round of funding.
– The company is one of several players in the space to gain traction for a technology that seeks to not only make supermarket queues obsolete, but also generate big data insights for retailers.
– Zippin opened its first checkout-free store in San Francisco back in 2018, and it has since entered into partnerships with the likes of Aramark, Sberbank, and the Sacramento Kings’ Golden 1 Center to power cashierless stores globally.
– The company said its ultimate goal is to retrofit stores with the required technology inside a day, with minimal downtime for retailers.

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E-Commerce Email North America Sales Shopping Wine And Spirits

Speakeasy Co., Raises $2M in Seed Funding

– Speakeasy Co. from San Diego CA is an e-commerce platform for the beverage alcohol industry.
– The company raised $2M in seed funding.
– The round was led by Trog Hawley Capital LLC with participation from Revolution’s Rise of the Rest Seed Fund.
– The new investment will be used to further accelerate growth and bolster services for brand partners and invest in people, technology, offerings, and logistics.

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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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E-Commerce Fashion Mobile Apps North Africa and the Middle East Shopping

Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

– Trendyol, an e-commerce platform based in Turkey, raised $1.5bn funding.
– The round was led by General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority.
– The company plans to continue investing in nationwide infrastructure, technology and logistics and toward accelerating digitalization of Turkish SMEs.

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E-Commerce Messaging North America Shopping

WildFire Systems Raises $15M in Series A Funding

– Wildfire Systems from Solana Beach, CA provides a financial technology platform which enables enterprise partners to embed social commerce, rewards, and cashback offerings within their existing services.
– The company raised $15M in Series A funding.
– The round was co-led by TTV Capital and QED Investors with participation from new investors B Capital, the George Kaiser Family Foundation, and Daher Capital, and existing investors including Mucker Capital, Bonfire Ventures, Moonshots Capital, and BAM Ventures.
– The new investment will be used to expand the launch of its new white-label monetization platform.

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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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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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North Africa and the Middle East Retail Technology Shopping

Shopic Raises Additional $10M in Equity Funding

– Tel Aviv, Israel – based retail AI solution provider Shopic raised $10m in equity funding.
– The round was led by Claridge Israel with participation from existing investors Entrée Capital, IBI Tech Fund, and Tal Capital.
– The company intends to use the new funds to accelerate commercial activities and expand its team.

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E-Commerce Fashion Lifestyle Shopping Western Europe

Lookiero Closes $30M in Series C Funding

– Lookiero from Bilbao, Spain provides a personal shopping service.
– The company raised $30M in Series C funding.
– The round was led by Perwyn with participation from MMC Ventures, All Iron Ventures and Bonsai Partners.
– The new investment will be used to accelerate growth, expand operations and its business reach.

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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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Furniture North America Product Design Shopping

The Citizenry Raises $20M in Series B Funding

– The Citizenry, a Dallas TX-based direct to consumer home decor brand that partners with artisans, raised $20M in Series B funding.
– The round was led by NextWorld Evergreen.
– The company will use the capital to accelerate its evolution into a whole-home, omnichannel brand, accelerate expansion of its furniture collection, and invest in additional sales channels, including physical retail.

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Consumer Software E-Commerce Mobile Apps North America Shopping Transaction Processing

nate Raises $38M in Series A Funding

– nate is a NYC-based universal shopping app.
– The company raised $38m in Series A funding.
– The round was led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue.
– The new investment will be used to expand the business of its online payment solutions.

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E-Commerce Fashion Marketplace North America Retail Shopping

Global Livestream Shopping Platform ShopShops Announces $15M Series B

– ShopShops, an interactive, global livestream shopping platform, announces a major finance milestone with its new $15M, Series B.
– The financing was co-led by LightShed Ventures and Acrew Capital and supported by existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG). Dave Lu from Hyphen Capital and Gaingels also participated in the round.
– The funding will be used to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
– Since 2018, the ShopShops mobile app has given shoppers in China access to a best-in-class marketplace of well-known prestige brands, emerging designers and vintage retailers hailing from 30 cities around the world.

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E-Commerce Furniture Home Decor North Africa and the Middle East Sales Shopping

Egyptian furniture marketplace Homzmart lands $15M Series A for MENA expansion

– Homzmart, a furniture marketplace, raised $15m in Series A funding.
– The round was led by MSA Capital and joined by Nuwa Capital, and other investors.
– It brings the total amount raised to $17.2m.

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E-Commerce Grocery Loyalty Programs Mobile Apps North America Shopping

Fetch Rewards Raises Over $210M in Series D Funding

– Fetch Rewards is a Madison, Wis.-based consumer-loyalty and retail-rewards app.
– The company raised $210m in Series D funding.
– The round was led by SoftBank Vision Fund 2 with participation from existing shareholders ICONIQ, DST, Greycroft and e.ventures.
– The new funding will be used to expand the company’s business reach.

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Artificial Intelligence Big Data E-Commerce North America Shopping Software

Price.com Nabs $10M Seed Round

– Price.com, the all-in-one money savings e-commerce platform, has raised a $10m seed round.
– The round was led by Ricky Caplin, Chairman of Caplin Family Offices.

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E-Commerce Internet North America Shopping

Stor.ai Raises $21M in Extended Series A Funding

– Stor.ai, a Tel Aviv, Israel-based end-to-end digital commerce solution for grocers, raised $21M in an extended Series A funding.
– The round was led by Meitav Dash and Mizrahi Tefahot, with participation from existing investor Kli Capital and individual investors including Mayer Gniwisch.
– The company will use the capital to integrate new features into its core offering, accelerate growth in North America, and enter into new markets in Latin America and Europe.

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Asia Beauty Cosmetics E-Commerce Mobile Apps Retail Shopping

Indian beauty e-commerce Purplle raises $45 million

– Purplle, an e-commerce platform for beauty products in India, raised $45m funding.
– The round was led by Sequoia Capital India and joined by existing investors Verlinvest, Blume Ventures and JSW Ventures.
– The new round values the Indian startup at about $300m, up from $150m in its 2019 Series C round.
– The startup has raised $95m to date.

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Delivery Delivery Service E-Commerce Grocery North America Same Day Delivery Shopping

Instacart raises $265M at a $39B valuation

– On-demand grocery delivery platform Instacart raised $265m funding.
– The round was led by existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others.
– It brings the company to a valuation of $39 billion.
– The company plans to grow headcount by 50% in 2021.

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E-Commerce Graphic Design North America Shopping Social Network

The Landing Raises $2.5M in Seed Funding

– The Landing from San Francisco is a social design platform that empowers everyone to create together.
– Company raised $2.5m in seed funding.
– The round was led by Cowboy Ventures.
– The new investment will be used to expand operations and business reach.

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Artificial Intelligence Machine Learning North America Retail Retail Technology Shopping

Standard Raises $150M in Funding

– Standard Cognition is a San Francisco, CA-based provider of an autonomous checkout solution that can be installed in retailers’ existing stores.
– Company raised $150m in Series C funding.
– The round was led by SoftBank Vision Fund 2 with participation from existing investors CRV, EQT Ventures, and TI Platform Management; and new investors SK Networks and others.
– The new investment will be used to expand operations and business reach.

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Europe Fashion Shopping Web Apps

Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group

– Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group
– Reflaunt, a disruptive Resale-as-a-Service (RaaS) technology company empowering global fashion brands to embrace circularity, today announced that it has secured $2.7 million in pre-Series A funding, led by the investment arm of MadaLuxe Group, a leading worldwide distributor of luxury fashion.
– Participating investors include former Jimmy Choo CEO and Coty Senior Advisor Pierre Denis, Ganni founder and former CEO Nicolaj Reffstrup, Textile Innovation Fund, Piquadro, Bluebell Group and sustainable fashion accelerator Fashion For Good.

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Apps E-Commerce Europe Fashion Internet Shopping Software

Ubamarket Raises £2.9M in Growth Equity Funding

– Ubamarket, a London, UK-based provider of a ‘Scan Pay Go’ retail tech app, raised £2.9m in equity funding.
– The company intends to use the funds to expand its business reach into new industries such as hospitality.
– The new investment was led by IW Capital and includes existing investor, MMC Ventures.

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