Tiger Global Management and Activant led a €29m series A funding round in Hive Technologies.

Tiger Global Management, an investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries, and Activant, a long-term oriented global private investment firm, led a €29m Series A funding round in Hive Technologies, a company provides all-in-one solution for software and operations, with participation from Earlybird and Picus Capital. “We have looked extensively at the fulfillment space and gained conviction that the full stack model is superior due to its full control over the ultimate service quality. Hive has compiled the strongest team in the European market to execute on that vision. That’s why we doubled down on our investment in this round,” Fabian Heilemann, Earlybird Partner.