Information provided by the nominee
Movens Capital invested in Alokai in late 2021 to turn the fastest-growing open-source e-commerce project into a business. In March 2023, Alokai raised USD 20 million from leading European VCs (initial valuation has increased 15.2x). This was the largest funding round in a Polish startup in H1 2023. Today, nearly 3,000 retailers and merchants now use Alokai to power their online stores.