Glopal, a provider of cross-border e-commerce solutions based in Paris, France, has raised $21,816,000 in Series A funding. Hi Inov - Dentressangle and Crédit Mutuel Innovation led the round, with participation from Seventure, Axeleo Capital, Motier Venture, and Pierre Denis, who will also join the Glopal board.
Glopal, led by CEO Patrick Smarzynski, connects millions of buyers and merchants worldwide to facilitate cross-border trade. Glopal offers advanced international marketing solutions for e-commerce retailers and brands looking to expand globally. Merchants can quickly launch their stores in global markets and promote them to new audiences using automated localization tools.
The funds will be used to support the company's growth and expansion efforts in Europe, the United Kingdom, and the United States, as well as to onboard new strategic talent and invest further in its technology.