Ecommerce fulfilment Company Huboo Raises 33.7 Million Euros

Through this funding round, Huboo aims to revolutionise, simplify and transform ecommerce fulfilment,

Ecommerce fulfilment company Huboo has raised 33.7 million euros (29 million British pounds) in a new funding round. This brings the company’s total amount raised to 141.8 million euros (122 million British pounds).

The platform has successfully raised 33.7 million euros in a funding round. It was backed by existing investors. These include Ada Ventures, Maersk Growth and lenders HSBC and Blackrock. In total, the company has now raised 122 million British pounds (around 141.8 million euros).

“Our team has worked incredibly hard over the last 12 months to maintain our growth trajectory despite a poor macro outlook for ecommerce, introducing new services, like introducing automation for enterprise clients, to enhance our customers’ experience and sustain our mission to revolutionise, simplify and transform ecommerce fulfilment,” said CEO and co-founder of Huboo, Martin Bysh.