Alphagreen raises €1.2 million to launch new CBD services

20/11/2020

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Alphageen, one of Europe’s leading marketplaces for CBD and alternative healthcare products, has secured around €1.2 million seed funding to help finance the roll out of new products and services alongside their expansion into the US.

Founded in 2019, Alphagreen generates revenue from companies listing products on its platform as well as offering them end-to-end e-commerce technology services including translation, SEO and other marketing support. The London-based startup currently generates organic traffic of 50k unique visitors a month and 80k page views and is growing at an impressive rate 30-40% month on month. This investment will enable Alphagreen to significantly increase the support they provide to consumers brands through their tech-enabled services.