Instabox Raises $90M in Series B Funding

10 Feb, 2021

Instabox Raises $90M in Series B Funding
Photo by Mak on Unsplash

– Instabox from near Stockholm, Sweden raised $90m in Series B funding.
– The round was led by EQT Ventures.
– The company intends to use the funds to further invest in technology that will enhance the value-chain for customers and merchants, plus expansion outside of Sweden.
– Instabox is a logistics startup that provides e-commerce deliveries across its locations in Sweden — with a maximum of six hours between the merchant and the consumer — through a smart locker network. The tech platform provides the team with real-time, end-to-end tracking of all deliveries, allowing for optimisation at each step of the way.

Europe Logistics Shipping Supply Chain Management
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