Tech Company Financing Transactions
MagaLoop Funding Round
MagaLoop closed a $9.4 million Series A funding round on 5/12/2022. Investors included FoodLabs, Market One Capital and Fuse Capital.
Transaction Overview
Company Name
Announced On
5/12/2022
Transaction Type
Venture Equity
Amount
$9,400,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further expand its network of independent wholesalers and retailers and drive additional platform expansions.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Windscheidstraße 4
Berlin, 10627
Germany
Berlin, 10627
Germany
Phone
Website
Email Address
Overview
We create a digital ecosystem where independent retailers can have full transparency and access to their daily ordering needs at the best prices and with the first-class service. With magaloop, we bring independent retailers directly into contact with FMCG companies on our unique digital marketplace. We use technology to make independent retailers successful -- worldwide!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Uwe Hölzer
Founder
Oliver Ruschpler
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