Urbantz, Europe’s Last Mile technology leader, secures an additional €6M, bringing its Series A to €12M

16/12/2020

Congratulations to our portfolio company, URBANTZ, for securing an additional €6M in investment for their Series A funding round – bringing the total round to €12M! An exceptional achievement, and well done to the whole team!

As our Partner, Fabrice Bienfait, articulated: “We’re thrilled to increase our investment in Urbantz as the company goes from strength to strength. The extraordinary challenges created by COVID-19 have led to a renewed focus on improving the logistics of last mile delivery. As a result, the company has seen unprecedented growth and emerged as the leading last-mile delivery management solution in Europe. Urbantz solution enables the quantification and reduction of CO2 emissions of last mile deliveries to help retailers and logistics providers achieve net-zero. The company has had an exceptional year, and we are very proud to support the team as they look ahead to continued success in 2021.”