Select deals from last week:
LivSpace, an interior design marketplace that focuses on connecting designers to customers and vendors in India and Singapore, became a unicorn following a $180 million Series F. The capital will be used to strengthen its brand in current markets and expansion within South East Asia and Australia.
Swappie, a Finnish marketplace focusing on refurbished cell phones, raised a $124 million Series C to fuel international expansion across 15 markets it has operations in. Swappie is one of 19 marketplaces that incentivizes users to reduce waste by facilitating re-use of devices instead of new ones. The leader in the category, Back Market, raised $510 million last month, almost doubling its valuation since May 2021.
Clikalia, a Madrid based marketplace for real estate transactions, raised $80 million from investors of the likes of Softbank and Fifth-Wall to expand its position to new markets in Europe and Latin America. The round shows optimism in the highly fragmented space in these regions for the long-run, even as these investors see setbacks such as Opendoor, which lost over $11B in value after going public.
Other notable marketplace deals from the last week:
Leaf Logistics, a NY-based logistics platform connecting shippers, carriers and brokers, has raised $37 million in a Series B round to expand operations. Interestingly, the founding team of FlexPort, another freight forwarding platform focusing on eliminating inefficiencies throughout the logistics market, took a stake in the round. As much as 30% of all trucks ride empty, leading to massive losses across the entire supply chain. Leaf Logistics achieved a 10x year-over-year growth, but there is room to expand further as it brings efficiency to the market.
Julo, an Indonesian P2P lending platform, raised a $60 million Series B round to further finance its operations.
Papier, a UK based online stationery store selling personalized products has raised $50M to expand into the US and diversify its offering base.
NUMA, a Berlin based boutique hospitality marketplace has raised $45 million in growth capital.
Read up on all the latest marketplaces deals in Dealroom.co
Exits:
FIS acquired Payrix in a closed deal to help enhance the company's embedded finance and payment experiences to its customers.
TripActions, a unicorn focusing on travel management, has acquired Comtravo for $69 million in order to expand its consultant network in Europe and help enable its end-to-end travel platform.
Read up on all the latest marketplaces exits in Dealroom.co