Home / Centerstage / 2000 / february / Week 4 /
Atlas Ventures is investing 4.1 million euros ($4 million) in a German business-to-business start-up that aims to open an online market in May, linking European grocers with suppliers of fresh produce. The investment will provide crucial funding to the start-up as it seeks to establish itself in the competitive online retail market, and to create a platform that simplifies the sourcing and distribution of fresh produce for grocers and suppliers across Europe. The launch of this online market is expected to bring benefits to both retailers and suppliers, such as improved access to a wider range of produce and more efficient delivery and distribution.
Sunday, 5 March, 2000