Funding

Shalion Funding News – Barcelona-based Shalion Raises €5M in Funding

Jul 10, 2024 | By Team SR

Shalion has raised €5 million funding round from Seaya Ventures. The purpose of these funds is to propel Shalion's global expansion and position it as the preeminent global resource for eCommerce intelligence services.

SUMMARY

  • Shalion has raised €5 million funding round from Seaya Ventures.
  • Founded in 2019, Shalion make growth possible for brands looking to win the lion’s share in an eCommerce world with actionable insights and data solutions.

The business intends to increase the scope of its operations in the US, UK, and Europe.

Read also - Northbound funding news – Berlin-based Northbound Secures €1.3 Million in Pre-Seed Funding

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Germán Loewe, CEO and founder of Shalion said, "This investment will allow us to continue our expansion into new markets and establish ourselves as a leader in the sector."

Aristotelis Xenofontos, Partner at Seaya Ventures said, "We are impressed by the vision and robust platform the team has built. We look forward to supporting Shalion on their growth journey and contributing our knowledge in the areas of data and technology."

About Shalion

Founded in 2019, Shalion make growth possible for brands looking to win the lion’s share in an eCommerce world with actionable insights and data solutions. Shalion is a team of passionate, smart and innovative individuals who love data and build scalable cloud-based products to make the complex simple, because we believe simplicity is beautiful.

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