Barcelona Startup Chicplace Acquired By eShop Ventures

The Barcelona-based e-commerce startup Chicplace is acquired by eShop Ventures, often referred to as the Amazon of Spain.

The amount of the acquisition is undisclosed.

Chicplace is a marketplace selling products from small shops all over southern Europe, and is a product of the Barcelona Venture Builder Antai, known for companies such as Wallapop and Glovo.

 

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Shopping spree

It’s not the first acquisition for eShop in the last years. Until now, the Madrid based group has bought several startups and e-commerce businesses.

Companies such as Mimub.com, Mamuky.com, Todovino.com, Nonabox, Expirit.es and Enolobox.com are all belonging to eShops portfolio.

The massive e-commerce group has over 100 employees and has up to this date closed around €7.7 million in funding from investors and VCs such as Qualitas Equity Partners, Bonsai Venture Capital, Kibo Ventures, Onza Capital, Agora Inversiones and Nature Capital.

Chicplace have received their funding from VCs like Godo, Z Group, Vocento, Clear Channel groups, and investors such as Antai Angels, Esade Ban, Bankinter, and Caixa Capital Signatures. The startup is currently cooperating with around 800 shops and hold over 35.000 unique products.

Partners

But Chicplace is not only sold off. Two of the Chicplace co-founders Gerard Olivé and Miguel Vicente are joining eShop as partners and get seats on their board.

The two founders of eShop Alfonso Garrido and Rafael Merry del Val, were more than happy with their new partners, according to Cincodias:

“This is a big step for the group, because in addition to strengthening the foundation of our business, we can rely on the expertise and technology from the creators of Wallapop, Glovo, Deliberry and ChicPlace, and continue with the expansion of eShop’s brands outside the Spanish borders “

With this new acquisition, eShop is strengthening itself in the battle against giants such as Ebay, Raktuten and Amazon.

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