Portugal’s Bizay – a customized products marketplace for SMBs – just raised a $38.6M C round

Portugal’s Bizay – a customized products marketplace for SMBs – just raised a $38.6M C round

3 years ago
Anonymous $RGO3jP_V_c

https://techcrunch.com/2020/12/03/portugals-bizay-a-customized-products-marketplace-for-smbs-just-raised-a-38-6m-c-round/

Bizay, a marketplace for small-to-medium-sized businesses allowing them to create highly customized products (such as merchandise), has raised a $38.6 million (€32 million) funding round. The Series C financing round was co-led by investors Indico Capital and the European Investment Bank, with “strong support” from Iberis Capital and existing investors including LeadX Capital Partners, Omnes Capital and Pathena.

This means Bizay has now raised a total of more than €54 million. The company previously raised a Series B financing round of €22 million. This new round will accelerate the development of further product expansion targeted at SMBs and reinforce Bizay´s operation supplying more than one million SMBs in 21 countries across Europe and America.

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