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London’s EV courier startup Packfleet raises €9.1M from General Catalyst, Creandum, others
London-based Packfleet, a logistics startup, announced that it has secured $10M (approximately €9.1M) in a Series A round of funding, co-led by General Catalyst and Voyager. Other existing investors, including Creandum, Entree Capital, and Founder Collective, participated in the round.
The UK company will use the funds to expand its operations within the city and to other British cities later this year, reports Reuters. Additionally, the capital will be used to develop the company’s proprietary routing software called Pathfinder.