Retail conference host Shoptalk has teamed up with Commerce Ventures for a $1m fund that aims to back 20 e-commerce and retail startups.
Retail and e-commerce conference organiser Shoptalk and venture capital firm Commerce Ventures have seeded a $1m US-based fund called Shoptalk Ventures that will focus on e-commerce and retail technology startups.
Shoptalk Ventures plans to invest in 20 companies within the next two years and Commerce Ventures, which itself concentrates on the retail and e-commerce sectors, will independently handle the fund’s investment reviews, selections and due diligence.
Shoptalk runs conferences for the retail and e-commerce sectors that allow industry figures to…
