Announced
Completed
Financials
Sources
Tags
Cross Border
E-commerce
e-commerce shipping platform
Netherlands
Private Equity
Acquisition
Venture Capital
Completed
Private
Friendly
Minority
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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