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Eurazeo and Bpifrance led a $42m funding round in Cubyn.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Productivity Software

Venture Capital

Acquisition

Minority

France

Software

Cross Border

logistics platform

Completed

Private Equity

Friendly

Synopsis

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Eurazeo, an investment company, and Bpifrance, a provider of human resources consulting services, led a $42m funding round in Cubyn, an operator of an on-demand logistics platform. Additional investors include First Bridge Ventures, Fuse Venture Partners, DN Capital, 360 Capital and BNP Paribas Development. "60% of Cubyn's customer base is international. Their integration with the world's best marketplaces, as well as the breadth of their European network, undoubtedly makes Cubyn the best option for international merchants looking to expand into Europe," François-Xavier Copé, First Bridge Founding Partner.

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