Expon Capital’s portfolio company, MarketLeap, formerly Gonuggets, secured an additional €1.5 million in seed funding from Notion Capital, Kima Ventures and Motier Ventures. Total funding in the seed round accounts for €2.6 million including investments from Expon Capital and LBAN.

“Currently, most brands reach only 0.2% of their total marketplace potential due to a lack of expertise, time, and money. They end up spending over 70% of their time managing their marketplace operations, accounting for less than 20% of their total revenue,” explains Mamoun Benkirane, CEO and Co-founder of MarketLeap. “MarketLeap helps brands break through their revenue ceilings on e-commerce marketplaces.”

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