SellerX Raised $100m+ Seed Round
Seed rounds across the UK, Germany, Israel and Sweden in November | We move to Substack too 😊
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On to this weeks edition.
There was plenty of funding to cover ahead of the Christmas rush. Quite a few rounds had to be cut from the post, but there are still plenty to get excited about.
6 months on from covering Primer’s Seed round, yesterday they announced a £14m Series-A with Accel joining the cap-table. More from Steve O’Hear at TechCrunch here.
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Where was the action?
🇩🇪 Germany - $125m
🇬🇧 United Kingdom - $17m
🇮🇱 Israel - $11.1m
🇸🇪 Sweden- $2.3m
🇩🇪 Germany
Raised: $118m (Seed) Note: partly or mainly debt
Description: SellerX is a business focused on acquiring other businesses, specifically any that are using Fulfilment by Amazon for payments, logistics and delivery for their products. The substantial seed round was partially equity and partially debt. TechCrunch has more here.
Investors: Village Global, Cherry Ventures, TriplePoint Capital, Felix Capital and others.
Location: Berlin, Germany.
Raised: $3.6m (Seed)
Description: Through the widespread adoption of cloud-native technologies such as containers and Kubernetes, important developer workflows have been overlooked or neglected. Many developers find that they’re now less productive than they were before the cloud-native era. Garden makes it easy to spin up ephemeral testing and preview environments for integration tests, manual QA, and development.
Investors: byFounders and CrowBerry Capital.
Location: Berlin, Germany.
🇮🇱 Israel
Raised: $6.6m (Seed)
Description: Zesty is a real-time cloud management platform that automatically optimizes companies’ cloud infrastructure.
Investors: S Capital VC
Location: Tel Aviv, Israel.
Raised: $4.5m (Seed)
Description: Vanti Analytics analyzes manufacturing data and delivers actionable insights for manufacturers to reach their productivity goals.
Investors: True Ventures, MoreVC and others.
Location: Tel Aviv, Israel.
🇬🇧 United Kingdom
Raised: $4.5m (Seed)
Description: Giraffe360 is a subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
Investors: LAUNCHub Ventures, Hoxton Ventures, HCVC and Change Ventures.
Location: London, United Kingdom.
Raised: $4m (Seed)
Description: Weavr provides an open publicly-accessible cloud-based platform that connects payment networks and financial providers, and tools for innovators to define, deploy and consume digital payment flows.
Investors: Anthemis, Seedcamp and QED Ventures.
Location: London, United Kingdom.
Raised: $2.8m (Seed)
Description: Opteran build AI systems modelled on honeybee brains. The team argues that this is a more logical starting point for AI technologies and could yield more immediate results than other approaches. Read more here.
Investors: IQ Capital, Episode 1, Seraphim Capital and JOIN Capital.
Location: Sheffield, United Kingdom.
Raised: $2.4m (Seed)
Description: Oxwash is developing a clinical-grade laundry/dry cleaning service with space-age technology.
Investors: Oxford Technology Management, Founders Factory, Biz Stone (Twitter co-founder) and others.
Location: Oxford, United Kingdom.
Raised: $2.25m (Seed)
Description: YardLink is a B2B procurement platform for the construction industry.
Investors: FJ Labs and Speedinvest.
Location: London, United Kingdom.
Raised: $1.59m (Seed)
Description: Flown is an online platform that will match knowledge workers with inspiring properties set up for productive and ergonomic remote work, as well as providing an array of online tools and resources to help them. Flown is essentially “Airbnb-meets-Calm-as-a-service” according to TechCrunch.
Investors: Taavet Hinrikus (TransferWise), Greg Marsh (OneFineStay), James Meekings (Funding Circle) and Pete Cashmore (Mashable).
Location: London, United Kingdom.
🇸🇪 Sweden
Raised: $2.3m (Seed)
Description: Juni is a fintech company that develops a banking app and platform for e-commerce and online marketing entrepreneurs.
Investors: Cherry Ventures and early iZettle employees.
Location: Göteborg, Sweden.