Qogita secures €80 million in a Series B funding round led by Dawn Capital to innovate the wholesale procurement market in Europe.
Information on the Target
Qogita, a pioneering company in wholesale procurement, has recently emerged from stealth mode after successfully securing an €80 million Series B funding round. The company aims to revolutionize the wholesale procurement landscape by streamlining purchasing processes and providing a comprehensive digital platform for businesses. With its innovative approach, Qogita seeks to position itself as the leading marketplace in wholesale procurement, akin to what Amazon has achieved in the retail sector.
Founded by a dynamic team of industry veterans, Qogita is committed to enhancing the efficiency of supply chains while reducing costs for retailers and suppliers. Their platform not only connects buyers with a diverse range of products but also leverages advanced technology to facilitate transparency and optimize procurement strategies.
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Industry Overview in the Target’s Specific Country
The wholesale procurement industry in Europe has experienced significant transformation in recent years, driven by digitalization and changing consumer behaviors. With increasing demands for efficiency and co
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2023
Dawn Capital
invested in
Qogita
in 2023
in a Series B deal
Disclosed details
Transaction Size: $86M