byrd, a Vienna, Austria-based tech-driven digital logistics and fulfilment platform, raised €16m in Series B funding.
The round was led by new investors Mouro Capital, with participation from Speedinvest, Verve Ventures, Rider Global and VentureFriends.
The company intends to use the funding to:
- hire talent and scale offices already serving existing markets in Austria, France, Germany, and the UK, and
- expand its fulfilment network into five new geographies in eastern, northern and southern European markets.
Founded in 2016 by Petra Dobrocka, byrd offers a cloud-based e-commerce fulfilment platform to online shops, enabling them to outsource and control their entire logistics on a global scale, from storage to shipping, as well as returns management. The technology connects e-commerce systems and marketplaces (e.g. Amazon, Plentymarkets, Shopify and Shopware) with its network of experienced third-party logistics providers.
Customers include Direct-to-Consumer brands scaling quickly in the health and wellness, FMCG, cosmetics and fashion industries.
FinSMEs
06/07/2021