Qogita Secures $86M Series B Funding to Revolutionize European B2B Wholesale Commerce

Qogita, a two-sided e-commerce wholesale marketplace, has successfully secured €80 million ($86 million) in a Series B funding round led by London’s Dawn Capital. The round also saw participation from existing investors Accel, Bessemer Venture Partners, and LocalGlobe, bringing Qogita’s total funding to an impressive €119 million. Founded in 2021 by Yaniv Toledano, formerly of Goldman Sachs, and his son Danny Toledano, former president of Isramco, Qogita has set its sights on becoming a dominant force in the market, specifically targeting SME e-commerce retailers in the health and beauty sectors. The company plans to utilize the freshly raised capital to…