RTIH rounds up the retail technology ventures who have been making waves with major investments.
1. RevLifter
E-commerce deals personalisation platform RevLifter has closed a £3.3 million Series A round.
This was led by Gresham House Ventures and Maven Capital Partners. It builds on a a seed round of £2.3 million in July 2019.
RevLifter’s clients include Harvey Nichols, Very, HP, Currys PC World and The Hut Group.
2. NearSt
NearSt, a British retail technology venture that aims to drive more people onto the high street, has raised £2 million in seed funding from international property company Grosvenor Group.
The London-based company, which was founded in 2015, has now raised £5 million in total.
Excited to be selected for @Facebook 's Commerce Accelerator. Collaborating with the teams at Facebook on building the future of Local Commerce to get more people into physical stores.https://t.co/W9MX3JBCEM pic.twitter.com/RS6HOp7Zrf
— NearSt (@NearSt) November 13, 2020
3. GoCardless
GoCardless, a UK FinTech venture that specialises in recurring payments, has announced a Series F funding round of $95 million, led by Bain Capital Ventures.
It is now valued at over $970 million. The company will use the funding to accelerate its Open Banking strategy, which will include expanding its offering into the e-commerce market.
4. Brightpearl
Digital operations platform venture Brightpearl has announced a £25 million Series C round, led by Sage.
Sage is making a minority investment of approximately £17 million into the business and takes a seat on Brightpearl’s board.
NEWS: We’ve just raised $33M in our latest round!!! Over the moon to announce a $23M minority investment deal with @sagegroupplc + further contributions from existing shareholders @cipiopartners @NotionCapital & #Verdane.
— Brightpearl (@BrightpearlHQ) December 24, 2020
Full details here: https://t.co/XNe2PnuqNQ 🥳
5. Bolt
Online checkout technology startup, Bolt, has added $75 million to its Series C round, bringing its financing to a total of $125 million.
Today, we're thrilled to announce $75M in new funding co-led by @GeneralAtlantic and @LaurenceTosi. We are bringing One Click Checkout everywhere. Come join the movement ⚡️ https://t.co/Lys7CNdm3O
— Bolt ⚡ (@bolt) December 21, 2020
6. Trigo
Frictionless shopping outfit, Trigo, has closed a $60 million Series B round led by 83North.
This brings the Israel-based company’s total funding to $94 million.
7. Oxbotica
Oxbotica, a UK-based autonomous vehicle software specialist, has completed a $47 million Series B investment.
It has now raised $80 million in total.
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