Mirakl raises $70 million to enhance e-commerce platform
France: French e-commerce
marketplace solutions provider, Mirakl, has raised $70 million to expand its
service offering for corporate and retail clients.
Founded in 2012 by Philippe Corrot and Adrien Nussenbaum, who previously co-led online video-game marketplace Splitgames, Mirakl enables retailers and brands to offer products and services from third parties within in their own online stores.
about 20,000 sellers and 200 customers in over 40 countries use their services.
The funding round was led by Bain Capital together with existing investors 83North, Felix Capital and Elaia Partners.
Digital media platform SuperAwesome raises $13 million
London, England: Superawesome, the digital media platform that delivers safe internet engagement to the global under-13 age sector, has raised $13 million in a Series C funding round.
has developed a niche in the kidtech sector and its solutions have been
deployed to date by global childrens’ brands, such as, including as Mattel,
Disney and Lego.
Founded in 2013 by Irish entrepreneur Dylan Collins the firm has grown both organically and via acquisition since 2015. It reportedly considered an IPO in 2017.
Now valued at around $100 million, the company registered its first profit in 2018, a year in which its turnover rose by 75 per cent and hit revenue run-rate of close to $60 million.
This latest funding was provided by U.S based Harbert Management, through their European Growth Capital fund.
The company employs about 120 people and has over 500 million unique users per month
The company plans
to use the financing to introduce a dedicated children’s video-on-demand
service, offering free streaming content to kids.
Quipup raises $13 million to deliver expansion
London, England: Quiqup, a London based on-demand, urban delivery / courier start-up, has raised $13m in new funding.
2014 by Bassel El-Koussa, Danny Hawkins, Federico Ferraro, Rami Idriss, and Tim
Linssen, the company uses a network of freelance drivers, to offer last
mile delivery solutions to small to medium, bricks and mortar urban premises.
The funding was provided by existing New York investor JOBI Capital together with Beirut based Cedar Mundi Ventures.
Having established a present in the UAE last year, its latest funding will be used towards further expansion across the MENA region.
Zappi closes $8m for European expansion
an automated consumer insights platform, has raised $8m to further expand in
Europe and the U.S.
Funding was from existing investor, Prime Ventures, who previously invested $12 million in 2016 and were joined on this occasion by a new investor, Cipio Partners.
The company’s last financial statements show revenues of $9.75 million and a headcount of 81.
Euro Fintech: Funding round-up
Berlin, Germany: Mambu, the Berlin based fintech start-up, has raised $34.5 million (Eur 30 million).
The round was
led by US-based Bessemer Venture Partners, noted for their investments in SaaS-focused
firms, with participation also coming from existing investors, Acton Capital,
CommerzVentures, Point Nine Capital and Runa Capital.
Mambu launched in 2011 and has experienced triple-digit growth for 4 consecutive years, as an increasing number of challenger and established banks have engaged.
a London-based online payments start-up, has raised $75 million from new
investors – Google Ventures, Adams Street Partners and Salesforce Ventures – as
well as return investors – Notion Capital, Balderton Capital, Passion Capital
The company plans to use the funds to drive organic growth globally, across EMEA, APAC and North America.
London, England: Mimiro, a start-up that applies innovative deep learning and machine intelligence to identify fraud risk and prevent financial crime, has raised USD $30 million.
The funding was led by Index Ventures who were joined in the round by existing investor Balderton Capital. Jan Hammer, Partner at Index Ventures who led the firm’s investments in Adyen and Robinhood, will join the Mimiro board.
Euro AI: Funding round-up
Berlin, Germany: Berlin-based start-up i2x which delivers automated real-time communications analysis and training, has raised $11.5 million (€10 million) in a Series A funding round.
has developed proprietary speech recognition technology in both German and
English that allows users to analyse complex conversations in real-time with
the use of AI.
investment was led by UVC Partners and btov Partners with participation
from MS&AD Ventures and Asgard, along with existing investors
including HV Holtzbrinck Ventures.
London, England: Zoovu, a start-up focusing on an artificial intelligence (AI), digital sales assistant platform, has closed a $14 million Series B round.
The funding was led by Target Global and Beringea, the latter of which previously led the firms Series A round.
Zoovu will use the funds to drive further growth and expand into APAC, as well as increase investment in AI and behavioural analytics to drive human-level experiences across digital channels.
This round brings Zoovu’s funding to date to $25 million
U.S firms in Euro expansion
Austin TX: DISCO, a cloud-based, legaltech firm, is expanding its European leadership team with a number of key hires in London.
Rich Bowes will join DISCO, as its director of professional services for Europe; Philip Demetriou will join as its director of sales for the UK/EU and Shirish Nimse comes on-board, as customer success manager for the EU.
opened its UK office in October 2018.
Atlanta GA: Evident ID, an identity and credential verification platform, announced it has opened its first international office in Kraków, Poland, expanded its C-levels and aims to triple its overall headcount in the next year.
San Francisco CA: Cloudflare, an internet security company continues its international expansion, with plans to set up 10 new data centres and to open a new office in Munich, Germany.
The company already has an operational presence in London.