RTIH rounds up the retail technology ventures who have been making waves with major investments.
1. Supermercato24
Italian startup Supermercato24 has raised €11 million as it looks to expand in Europe.
2. Formulate
Swedish startup Formulate, which specialises in AI-driven solutions for retail promotions, has closed a late-seed round of €3.7 million, led by henQ and also including Industrifonden and J12 Ventures.
3. OnBuy
UK-based online marketplace OnBuy.com has secured a £3 million investment from Fuel Ventures.
4. Dixa
Customer engagement platform startup, Dixa, has closed a $36 million Series B round led by Notion Capital, with participation from existing investors Project A Ventures and SEED Capital.
5. Deliverr
Deliverr has announced a $40 million Series C round led by Activant Capital.
Other investors in the online fulfilment startup include 8VC, GLP and Flexport founder and CEO Ryan Peterson. The company has raised a total of $70 million.
6. Loyalty Prime
German startup Loyalty Prime, developer of an SaaS-based loyalty platform, has closed a €5 million Series B round.
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