Final-mile fulfillment startup parcelLab closes $112M Series C funding led by Insight Partners – TechCrunch
Final-mile fulfillment startup parcelLab closes $112M Series C funding led by Insight Partners Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million (GB£80 million) Series C funding round led by the U.S. VC/PE firm Insight Partners. Germany’s Endeit Capital participated as a co-investor, alongside existing investors Capnamic Ventures and coparion. ParcelLab last raised an undisclosed Series B in October 2019. The new funding will feed into parcelLab’s global expansion plans and new product development. Founded in 2015 by Tob...
Source: techcrunch.com