
eCommerce Fundraising News
UrbanStems raises $20M to power future growth in DTC flowers + gifts
Series C. No mention of profitability here. It can’t be an easy business to run!
Diamond Foundry becomes first artificially created diamond to reach “mine scale”
Raises $200M at $1.8B valuation. This is an undeniable supplier as well as consumer trend to ethically source products.
Grocery delivery company Misfits Market raises an additional $200M
They specialize in food that would otherwise be wasted, which is an idea I can get behind!
Thrasio extends its Series C by another $100M in another sign the big are getting bigger on Amazon
There are 50 companies like this now, but none as well-capitalized as Thrasio. Small brands on Amazon beware…