funding raise

ParcelLab raises $112M to improve final-mile communication

ParcelLab, a final-mile fulfillment software service based in Germany, announced this week it has raised $112 million in a Series C funding round led by Insight Partners with participation from Capnamic Ventures, coparion and Endeit Capital. The company’s last raise took place in 2019 for an undisclosed amount.

“ParcelLab’s team is the perfect example of internet entrepreneurs that we want to support – entrepreneurs who can drive the change to make Europe more competitive and who have the...

https://s29755.pcdn.co/news/parcellab-raises-112m-to-improve-final-mile-communication

Zencargo raises $42M to expand internationally

Zencargo, a U.K.-based digital logistics company, announced on Monday that it has raised $42 million in a Series B round led by Digital+ Partners with participation from existing investor HV Capital. The company has raised a total of $66.4 million since 2017.

“This marks an exciting next step for Zencargo,” a statement by co-founder and CEO Alex Hersham and co-founder and COO Richard Fattal on the company’s website said. “With this investment, we’re able to add even greater resources to the...

https://www.freightwaves.com/news/zencargo-raises-42m-to-expand-internationally

Canada-based Tyltgo raises $1.8M for white-label services

Tyltgo, a white-label delivery company for retailers, announced it has closed on CA$2.3 million ($1.8 million) seed investment. The round was led by TI Platform Management and included Y Combinator as well as angel investor Charles Songhurst. The Canadian company has also announced Kahled Hussein, a partner at TI Platform Management, will join Tyltgo’s board as chairman.

“Tyltgo has the potential to be one of Canada’s next great success stories, riding on the e-commerce wave from Shopify,”...

https://s29755.pcdn.co/news/canada-based-tyltgo-raises-18m-for-white-label-services

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