Liefergrün, a sustainable last mile shipping platform, has secured €12 million in Series A funding to expand its platform and presence in Europe. eCAPITAL led the round with existing investors Speedinvest and Norrsken VC also involved.
Liefergrün, which is currently present across Germany, uses a fleet of cargo bikes and electric vehicles based at scores of regional hubs to enable emission-free delivery of goods bought online to consumers.
The Series A will enable Liefergrün to expand its platform and delivery network, enhance its technical product and grow its team.
The investment comes just six months after Liefergrün’s €3 million Seed Round. In that time Liefergrün has increased its team to over 50 and strengthened its management with hires including ex-Hermes manager Stephan Böhm as VP of Sales. In addition, the company has entered into a new partnership with Mercedes Van Rental to expand its emission free delivery fleet in Berlin and landed major clients including Adidas, Dyson and ShopApotheke.