Logistics start-up Bigblue, which works with e-commerce brands and provides independent online retailers with logistical solutions, has announced a US$15 million Series A round, Tech Funding News reported on 25 March.
Founded in 2018, the Paris-based company’s services include giving retailers full control over packaging, branding and customer communications, per the report. With the new funding, it plans to hire more people for its sales, marketing and operations staff, along with tripling its engineering staff.
According to the report, co-founder Tim Dumain said the company has “a lot of new customers in France, but now we’re expanding in Europe.”
“We opened our services to Spain a few weeks ago and will soon open the UK in a couple of months for customers shipping products there,” he said. “We plan to expand in five big countries in the European eCommerce [market], including Germany and Italy.”
Dumain added that Bigblue’s main goal is to “make it easy for brands to grow online.”
“With this new round, we will support scaling service offerings for Bigblue’s growing base of online merchants, fuel hiring efforts, and continue to position the company as the leader in the D2C [direct-to-consumer] fulfilment space,” he added.
The round was led by Runa Capital and LPV was the second lead investor.
In other eCommerce news, e-commerce delivery firm Veho had acquired QuikReturn, a reverse logistics startup serving e-commerce brands and customers in New York City.
The acquisition “further accelerates both Veho Returns product offering as well as its geographical expansion and marks another step to scale Veho’s doorstep returns capabilities throughout the US,” according to a press release.
QuikReturn’s product, a software and doorstep pickups platform, will be integrated into Veho as part of the acquisition and be deployed in major metro markets. In addition, Veho plans to scale QuikReturn’s offering to New York City under the Veho brand.