The Oberlo Veterans Taking on Europe’s Restaurant Supply Chain Raise €20M
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4 Articles
The Oberlo veterans taking on Europe’s restaurant supply chain raise €20M
Lithuanian food marketplace Saltz pulls in a €20M Series A backed by the EBRD, Inovo, Lifeline, and a roster of Baltic tech founders, to digitalise how restaurants across Europe source their ingredients. When Andrius and Tomas Šlimas sold their dropshipping platform Oberlo to Shopify in 2017, they could have sat out the next decade comfortably. […] This story continues at The Next Web
Food e-commerce platform Saltz has raised €20 million in funding, which it will use for expansion in Europe, investments in technology, and team strengthening – it plans to hire more than 100 people this year.
Lithuanian-founded startup Saltz, which is developing a B2B food e-commerce platform, has raised €20 million in venture capital. The startup, founded by the founders of the former Oberlo company, which was acquired by Canadian e-commerce giant Shopify in 2017, sees the opportunity to become one of the largest online marketplaces in Europe.
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