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Koch Disruptive Technologies led a $140m Series B round in 8fig.

Synopsis

Koch Disruptive Technologies, a venture capital firm, led a $140m Series B round in 8fig, with participation from Battery Ventures, Localglobe, Hetz Ventures, the Jesselson family, and Silicon Valley Bank. “During this period of economic uncertainty, eCommerce businesses are struggling to reach their full potential. The global macroeconomic challenges we are experiencing make it difficult for eCommerce business owners to access the resources they need to succeed. 8fig is providing these online sellers with the financial support and tools necessary to thrive in any economic climate. The latest funding round has proven that the market has great confidence in 8fig and the important role 8fig continues to play in the ongoing growth of eCommerce," Yaron Shapira, 8fig Co-Founder and CEO.

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