{"id":9796,"date":"2023-04-05T14:08:21","date_gmt":"2023-04-05T12:08:21","guid":{"rendered":"https://cross-border-magazine.com/cn/?p=9796"},"modified":"2023-04-05T14:08:21","modified_gmt":"2023-04-05T12:08:21","slug":"glopal-funding-round","status":"publish","type":"post","link":"https://cross-border-magazine.com/cn/glopal-funding-round/","title":{"rendered":"Glopal raised 20 million euros in funding"},"content":{"rendered":"\n
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E-commerce support software for international expansion, Glopal raised 20 million euros in funding, during a Series A round. 

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The startup will expand its operations in Europe, the United Kingdom, and the United States with a recruitment drive. Additionally, it will use the funding to invest in its technology.

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Glopal, a Paris, France-based provider of cross-border e-commerce solutions, raised €20M in Series A funding.

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The Hi Inov Group led the round – Dentressangle and Crédit Mutuel Innovation with participation from Seventure, Axeleo Capital, Motier Venture, and Pierre Denis, who will also be joining the Glopal board.

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The company intends to use the funds to bolster growth and expansion efforts in Europe, UK, and the United States, onboarding new strategic talent and further investing in its technology.

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Led by CEO Patrick Smarzynski, Glopal provides retailers and global brands with a SaaS platform for growth in international sales through its proprietary AI-driven international marketing, e-commerce translation process automation, duty, and tax and logistics modules.

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The company has already enabled more than $400M in cross-border transactions for customers across Europe and North America, including retail leaders such as Dior, Balmain, Loewe, and Babolat.

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What is Glopal?

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Glopal provides advanced international marketing solutions for e-commerce retailers and brands seeking to grow their businesses globally. Using a suite of automated localization tools, merchants can quickly launch their stores on international markets and promote them to new audiences with Google Shopping Ads.

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E-commerce support software for international expansion, Glopal raised 20 million euros in funding, during a Series A round.  The startup will expand its operations in Europe, the United Kingdom, and...

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