A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – B2B ECOMMERCE
- Ds365, an online B2B marketplace for groceries, raised $102M series B round led by Everbright Financial Holding Asset Management. Link
- ezCater, an online B2B marketplace that helps enterprises discover and order from local caterers, raised $35M from ICONIQ Capital and Insight Venture Partners. Link
- EquipmentShare, a peer-to-peer equipment rental platform, raised $26M series B round led by Insight Venture Partners with Romulus Capital. Link
- Wajiu, an online B2B platform for imported alcoholic products, raised $18.75M led by China Merchants Securities. Link
- Ofbusiness, an online B2B marketplace for manufacturing and construction goods, raised $11M series B round from Zodius Technology Opportunities Fund and Matrix Partners. Link
- Myplas, an online B2B e-commerce platform for plastics, raised $10.5M in a post-IPO round from Wan financing present and China Fortune. Link
- 51Zhaoyou, a B2B trading platform for petroleum and oil products, raised $10M series B from SIG China and Yunqi Capital. Link
- Edianzu, an online B2B rental platform, raised $10M pre-series B round led by the La Kara Fund investment and Jingwei China. Link
- TradeGecko, a cloud-based sales and inventory management platform for B2C/B2B, raised $6.5M series A round led by NSI Ventures and Jungle Ventures. Link
- Sjgtw, an online trading platform for industrial goods and railway equipment, raised $5.66M series A round. Link
- Manta, an online small-business service directory and search engine, raised $2M from investors. Link
- Hubba, a product information network for brands, retailers, and product influencers, raised an undisclosed series B round from Goldman Sachs Investment Partners, Real Ventures, Kensington Venture Fund and Brightspark Ventures. Link
- Wydr, a mobile-first marketplace for wholesale transactions, raised an undisclosed series A round from Stellaris Venture Partners, Bessemer Ventures and Jungle Ventures. Link
SOME INTERESTING STARTUPS FOUND
Benefit Coop (2016, Boulder) – A group buying platform for SMEs. It is an invitation-only platform. It aggregates demand from a group of SMEs comprising mid-sized e-commerce and manufacturing firms to negotiate a deal with suppliers on the basis of large volume.
ORDR.KITCHEN (2016, London) – An online B2B platform for farmers to market and sell their produce to chefs and restaurants in the United Kingdom.
LEADER BOARD – B2B ECOMMERCE
Horizontal
Manta (2005, Columbus, $47M) – An online small business service directory and search engine. Backed by Norwest Venture Partners, Athenian Venture Partners, and Reservoir Venture Partners.
DHgate.com (2004, Beijing, $45.5M) – A B2B marketplace for SMEs. Backed by KPCB, JAFCO Asia, Warburg Pincus, China Growth Capital and TDF Capital.
IndiaMART (1996, Noida, $36M) – An online B2B listing platform that matches buyers and suppliers. Backed by Westbridge Capital, Intel Capital, Amadeus Capital, The Times Group and Quona Capital.
Food & beverage
Huimin (2013, Beijing, $295M) – An online B2B grocery delivery platform for local stores. Backed by Shenzhen Fortune Venture Capital, CITIC Capital, SINOSURE, West Capital, Fortune Venture Capital, China Innovation Investment Limited, ZSVC and GP Capital.
Meicai (2014, Beijing, $253M) – An agricultural product/fruit and vegetable B2B ecommerce site. Backed by ZhenFund and Blue Lake Capital.
Yi jiu pi (2014, Beijing, $175M) – An online platform for B2B trading of wine and spirits. Backed by Greenwoods Asset Management, Lighthouse Funds, Eastern Bell Venture Capital, Bertelsmann Asia Investment Fund and Source Code Capital.
FMCG
Haitun (2014, Shenzhen, $24M) – An online platform that sells imported baby food products to SMBs in China. Backed by By-Health, Haitong International Securities Group and GF Xinde Investment Management.
Fashion
Lianshang (2015, Shanghai, $23M) – An online B2B marketplace that connects suppliers of fabrics with businesses. Backed by IDG Capital Partners and China Growth Capital.
Joor (2010, NYC, $20M) – An online wholesale marketplace for the fashion industry. Backed by Canaan Partners, Lerer Hippeau Ventures, Battery Ventures and others.
Home Construction & Improvement
BuildDirect (1999, Vancouver, $104M) – An online retailer of home improvement products like tiles, carpets, roofing materials, kitchen and bathroom products etc. Backed by Mohr Davidow Ventures, Business Development Bank of Canada, GrowthWorks and others.
Greentown (2011, Hangzhou, $60M) – A B2B E-commerce portal for real estate developers. Backed by Sequoia Capital and E-House China.
Consumer Electronic
Huitongda (2008, Nanjing, $204M) – Platform for appliance manufacturers to sell directly to retailers. Backed by China Merchants Bank, Xiaomi, Hxlife and Fosun Capital.
51dh (2014, Nanjing, $41M) – An online B2B platform for trading of consumer electronics such as mobile phones, notebooks, tablets, accessories etc. Backed by IvyCap Ventures Advisors.
Office Supplies
Poppin (2009, NYC, $54M) – A maker and retailers of designer office supplies. Backed by First Round Capital, Shasta Ventures, Fifth Third Bancorp, Burch Creative Capital, Trilogy Growth, West Capital and BoxGroup.
IT Equipment
Global Resale (2015, $50M, Austin) – Marketplace and reverse logistics provider for used IT and consumer electronics products.
MarkITx (2012, Chicago, Acq.) – An online B2B marketplace for enterprises to purchase and sell their IT infrastructure. Acquired by 6fusion in March 2016.
Industrial Goods
Zhaogang (2012, Beijing, $288M) – A B2B steel trading platform. Backed by Sequoia Capital, IDG Capital Partners and ZhenFund.
iSuwang (2014, Guangzhou, $99M) – A B2B marketplace for rubber and plastic products. Backed by Lightspeed China Partners, Shenzhen Cornerstone Asset Management and Hanfor.
Xinyilian (2012, Beijing, $93M) – A B2B steel trading platform. Backed by Alibaba group.
Automobile
Cheyipai (2006, Beijing, $230M) – An online used car auction platform for dealers. Backed by Sequoia Capital, Morningside Ventures, Renren, CITIC Capital, Matrix Partners China and Beijing Automotive Group Co.
Autozi (2013, Beijing, $26M) – An online platform for trading of auto components between suppliers (such as manufacturers, OEMs) and auto repair shops. Backed by CDIB Capital International and Shenzhen Cowin Capital.
Baturu (2013,Guangzhou, $15M ) – An online B2B trading platform for auto parts.
Agriculture
Easy Flower (2014, Beijing, $12M) – A mobile app-based platform that connects flower growers with florists. Backed by ZhenFund, Shunwei, SIG China and Iheima.
Services
ezCater (2007, Boston, $70M) – An online B2B marketplace that helps enterprises discover and order from local caterers. Backed by Insight Venture Partners, SideCar Angels, LaunchPad Long Island and Breton Capital.
MFG (2000, Atlanta, $44M) – An online marketplace for the manufacturing industry connecting buyers and suppliers of manufactured goods. Backed by Fidelity Ventures, Bezos Expeditions and Galileo Partners.
Eat Club (2010, Palo Alto, $16.5M) – An online business-focused online lunch delivery company. Backed by Trinity Ventures, August Capital and EchoVC Partners.
Technology Enablers
Womply (2011, SF, $51M) – A marketing and analytics software provider to SMBs. Backed by 500 Startups, Data Collective, Merus Capital, Sageview Capital and Asset Management Ventures.
6sense (2013, SF, $32M) – B2B predictive intelligence engine for sales and marketing. Backed by Salesforce, Bain Capital Ventures, Battery Ventures, Venrock and Silicon Valley Bank.
Alkemics (2011, Paris, $28M) – A PIM for interaction between FMCG brands and retailers. Backed by Index Ventures, Partech Ventures, Serena Capital AND Cathay Capital.
Mirakl (2011, Paris, $23M) – An on-demand SaaS-based marketplace platform. Backed by Elaia Partners, 83North and Isomer Capital.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest update visit B2B eCommece feed.