Fulfilment firm Huboo raises £29m in drive for profitability
Bristol-based Huboo has secured new backing from existing investors including Ada Ventures and Maersk, Sky News understands.
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Bristol-based Huboo has secured new backing from existing investors including Ada Ventures and Maersk, Sky News understands.
When consumers switched to home deliveries and “digitized” their lifestyles during the pandemic, it led to a surge in e-commerce sales and thus, also, in Huboo raised a further £29 million ($36.6 million) from existing investors including Ada Ventures and Maersk. There’s also been further, unspecified, debt investment from HSBC and Blackrock. This means it’s now raised a total on £122 million ($154 million) in equity.
Global eCommerce fulfilment provider Huboo has announced 130% growth over the past 12 months - raking in more than £20 million in new business, and adding an
Founder of Kikakinis, Kate Elisabeth, was able to grow her brand thanks to Huboo's fulfilment platform
Find a role you love at this fast-paced e-commerce company