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Amsterdam – July 26, 2022 | Dwarfs ( www.dwarfs.io ), the e-commerce scaleup that acquired 10
webshops last year, achieved record sales in July as a result of the Amazon Prime Days that took
place on July 12th and 13th. Only consumers with a Prime subscription could take advantage of the
bargain festival where thousands of products were heavily discounted.
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Amsterdam, The Netherlands – October 26, 2021 | E-commerce scaleup Dwarfs continues to grow rapidly with the announcement of three new brand acquisitions – Gadgy, Vita5 and Snoozle – which management estimates will add €24 million in a total annual revenue to the company. Having already acquired eight brands in only six months of operation, these acquisitions instantly triple the revenue of the young company
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Amsterdam, the Netherlands – 2 September 2021 | E-commerce scaleup Dwarfs (“the Company”) has reached an agreement with European Special Situations investor North Wall Capital to provide €30 million debt financing from the firm’s dedicated e-commerce lending strategy. The total funding will be used to finance new acquisitions, including the immediate completion of the acquisition of four online stores in the lifestyle and home furnishing sectors.
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Amsterdam, the Netherlands – May 20, 2021 | The Dutch e-commerce scaleup Dwarfs (www.dwarfs.io) has collected €7.5 million from investors and financiers, including American investment firms, in a Series A financing round. With this initial war chest, soon to be supplemented by several tens of millions in ‘venture debt’, the company will start acquiring successful online marketplaces (with revenues ranging from €0.5 to €10 million) at a rapid pace to pursue exponential growth both at home and abroad.
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Amsterdam – 16 June 2021 | Wijnand Jongen (61, photo) joined the advisory board of e-commerce scaleup Dwarfs on June 15th. As founder of the interest group Thuiswinkel.org, Wijnand Jongen has been at the center of the e-commerce world for over 20 years. With his extensive expertise and experience dealing with online stores, logistics and consumers, Jongen is of significant added value in shaping the young company’s ambitious acquisition plans, according to a statement from the Dwarfs board.
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Amsterdam – 20 mei 2021 | De Nederlandse e-commerce scaleup Dwarfs (www.dwarfs.io) neemt de webshop in keukenspullen en -accessoires AMCO over. Dat zijn beide partijen overeengekomen. Voor Dwarfs is dit de eerste overname van een serie voorgenomen acquisities van alleen al dit jaar zo’n 20 succesvolle webshops in binnen- en buitenland met als doel de omzet ervan in korte tijd te vervijf- tot vertienvoudigen. Partijen maken verder geen financiële details bekend.