Byrd nabs $56M to grow its European e-commerce logistics and fulfillment network as an alternative to Amazon

Byrd nabs $56M to grow its European e-commerce logistics and fulfillment network as an alternative to Amazon

2 years ago
Anonymous $dy9SWuvIkX

https://techcrunch.com/2022/05/10/byrd-nabs-56m-to-grow-its-european-e-commerce-logistics-and-fulfillment-network-as-an-alternative-to-amazon/

Shopify put a spotlight on the role and significance of logistics and fulfillment in e-commerce when it snapped up Deliverr for $2.1 billion last week to gain its own, direct foothold into providing those services for its e-commerce customers a la Amazon. Now, an up and coming startup in fulfillment in Europe has closed a round of funding to fuel its own growth. Byrd, which is building a network of operations providing warehousing, delivery services and software for its e-commerce customers to manage it all, has raised $56 million in a Series C round of funding.

Cambridge Capital is leading the investment, with Speedinvest, Mouro Capital, Elevator Ventures and other previous shareholders also participating. Byrd last raised less than a year ago, a $19 million round led by Mouro. It’s not disclosing its valuation, but the round was closed between rumors of Shopify shopping for a logistics provider (apparently it had also considered Shipbob) and actually getting acquired, so that may have given Byrd some extra attention.

Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
10 minutes ago
Reputation
0
Spam
0.000
Last Seen
13 minutes ago
Reputation
0
Spam
0.000
Last Seen
4 hours ago
Reputation
0
Spam
0.000
Last Seen
58 minutes ago
Reputation
0
Spam
0.000