7bridges raises $17M Series A to transform supply chains This funding round was led by Eight Roads, with strategic investment from Maersk Growth, the venture arm of the global logistics giant. It will allow the company to help businesses enhance their supply chain technology for a resilient and sustainable future. 17th January, London: 7bridges, the […]Read More
Sorted raises $40 million Series C investment and acquires automated returns specialist Clicksit to serve SMB market The funding round, led by Chrysalis Investments Limited and Arete Capital Partners, will enable Sorted to expand into the US and serve the SMB market for the first time The acquisition of Clicksit bridges the gap between post-purchase […]Read More
Huboo raises £60 million in quest to become the leading e-commerce fulfilment provider in Europe Latest funding round was led by Mubadala Capital, whose investment in Huboo strengthens its growing B2B portfolio in Europe Funding comes on the back of Huboo’s exponential growth driven by a step change in e-commerce penetration following the COVID-19 pandemic […]Read More
UK digital supply chain and freight platform Beacon raises $50 million Series B round Highlights: ● $50 million raised in oversubscribed Series B fundraise ● Round led by new investor Northstar.vc ● Funds will accelerate growth by investing in people, technology and continued market expansion ● Round follows on from $15 million Series A, announced in June 2020, which was […]Read More
Vector.ai raises $15 million to tackle growing productivity crisis in international freight forwarding Founded in 2017, Vector.ai automates arduous tasks and processes that are necessary to move goods around the world on behalf of importers and exporters $15 million investment round led by Bessemer Venture Partners – the US venture capital giant behind successful investments […]Read More
A drone logistics operator which is conducting ground-breaking trials to deliver medical supplies between hospitals in the West Midlands this summer has become Minerva Business Angels’ 100th investment. Skyfarer’s revolutionary initiative could reduce waiting times for medicine and reduce traffic congestion and consequently CO2 emissions. It came to the Minerva Business Angels, which is part […]Read More
Diamond Logistics will use funding from the independent asset manager BOOST&Co to buildon its impressive growth and capitalise on growing demand from the eCommerce andfulfilment sector. Surrey-based fulfilment and national delivery business Diamond Logistics has secured a£2.5m investment following an increased demand for its services from the eCommerce andfulfilment sector. The business will use the […]Read More
Zencargo, the London-Based Digital Freight Forwarder That Helps Businesses Navigate Supply-Chain Disruption By Making Intelligent Decisions, Raises £30M Against a backdrop of large-scale supply-chain disruption, caused by Brexit uncertainty, the COVID-19 pandemic, and the recent Suez Canal blockage, Zencargo will use the funding to further extend its logistics services and business insights to more customers […]Read More
Sorted announces $15m fundraise as online deliveries continue to soar Sorted’s shipments grow 100% year on year, and the company has already seen a 243% growth through its SaaS platform in January 2021 versus January 2020 Sorted named by the FT as one of fastest growing companies in Europe Manchester, 30th March 2021: Sorted, the global delivery […]Read More
LONDON PEER-TO-PEER DELIVERY START-UP, PEYK, SECURES A £1.2M FUNDING TO CONTINUE GROWTH PLAN. Londoners use delivery services to transport urgent medications, ingredients, loo roll and love letters to friends & family Businesses turn to the platform to help pivot their offer by providing a local delivery proposition Workers sign-up to earn a living as many […]Read More