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Softbank Vision Fund 2 led a $177m Series C funding round in Sendcloud.

Synopsis

Softbank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $177m Series C funding round in Sendcloud, an e-commerce shipping platform in Europe. Other investors include L Catterton and HPE Growth. "At a time when consumers around the world want to decide where, when and how they want to receive a parcel, leading online merchants depend on Sendcloud to fuel their logistics process. To engage consumers in the long term and successfully process growing parcel volumes, a multi-carrier solution like Sendcloud is essential, and we are proud to partner with Softbank and L Catterton and embark on a new chapter of growth for our business," Rob van den Heuvel, Sendcloud CEO and Co-Founder.

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