Index Ventures news and archive

Sustainable sourcing platform Sourceful raises 12.2 million US dollars

Sourceful, a data-driven platform that helps businesses minimise the environmental impact of their supply chains, has raised 12.2 million US dollars in funding. The seed round was led by Europe’s Index Ventures, which has also backed Glossier, Farfetch and Deliveroo, alongside participation from Eka Ventures, Venrex and Dylan Field, the founder...

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Business

The Carlyle Group acquires majority stake in retailer End.

Global investment firm The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer End. In a statement, The Carlyle Group said it was acquiring the stake from founders Christiaan Ashworth and John Parker, who will retain a “significant minority stake” and remain co-chief executives of the company. Index...

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Business

Dutch online outlet Otrium receives 7 million EUR from Index Ventures

Index Ventures, the venture capital firm backing Asos, Farfetch and Net-a-Porter, has invested 7 million euros (approximately 7.8 million US dollars or 6 million pounds) in Otrium, a Dutch marketplace where brands can sell their unsold stock with discounts of up to 75 percent. In addition, Index partner Danny Rimer is set to join Otrium’s board...

Fashion

Editd secures 4.4 million dollar in funding

Editd, provider of market data and analytics for the apparel industry, has raised 4.4 million dollars from leading venture capital firm, Index Ventures and new investor Frog Capital. This news comes swiftly after Editd teamed up with London College of Fashion for its education edition of its database. The London-based data company plans on using...