Ankorstore announced raising an additional €250 million from Bond and Tiger Global.

Ankorstore, a Paris, France-basd operator of a B2B marketplace connecting brands and designers, announced completing a €250 million ($283M) financing round.

The money was raised from backers led by the American investors Bond Capital and Tiger Global, in a deal said to value the company at €1.75 billion. Other onvestors contributing to the round include Eurazeo, Coatue and existing shareholders Bain Capital Ventures, Index Ventures, GFC, Alven, and Aglaé

Ankorstore, founded in 2019 by Mathieu Alengrin (CEO), Nicolas Cohen, Nicolas d'Audiffret and Pierre Louis Lacoste, developed a retail tech platform that connects both retailers and brands. The company says the platform is in use by 5,000 brands and 50,000 independent retailers in Europe.

Ankorstore previously secured €82 million in a Series B funding round led by Tiger Global and Bain Capital Ventures., raised €25 million in Series A funding led by Index Ventures at the end of 2020 and €6M at the end of 2019.