The retail collaboration platform developer has now raised more than $52m in total, existing backer SEB Alliance returning for a $23.9m round.

Alkemics, the France-based developer of a retail data-sharing product, secured €21m ($23.9m) yesterday in a series C round featuring SEB Alliance, the corporate venture capital unit for appliance manufacturer Groupe SEB.

Growth equity fund Highland Europe, venture capital fund Cathay Innovation and VC firms Index Ventures and Serena Capital also participated in the round.

Founded in 2011, Alkemics has built a cloud-based platform where more than 16,000 consumer brands and some 16 major retailers can connect to list, discover, launch…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.