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Synopsis
Verdane, a capital provider, led a $190m funding round in Instabox, a Swedish tech company, with participation from Creades, EQT Ventures, Tham Special Investment, Nineyards, Tacito, and M2 Asset Management. “I’m delighted with the trust that has been shown us by our existing and new investors. The global parcels market continues to grow every year, and Instabox’s lightning-quick, hassle-free, and completely fossil fuel-free shipping set us apart from traditional shipping companies. The new funding will help us build on that and further improve our service, making it even more sustainable and customer-focused," Alexis Priftis, Instabox CEO and Co-Founder.
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