Today’s headline story: Austrian parcel locker start-up MyFlexBox raises €75m
The MyFlexBox open parcel locker network is expected to grow to about 4,000 by the end of 2025. According to the agreement, Star Capital will become the business’s majority shareholder, alongside the founding energy service provider Salzburg AG. MyFlexBox says that the investment is subject to official due diligence.
Founders Lukas Wieser, Jonathan Grothaus, and Peter Klima hope the financing will help their company to grow. Currently, they have plans to move into new markets, expand the team and establish themselves as internationally recognised players in the smart city industry.
The start-up aspires to significantly expand its presence, particularly in the German market, whilst supporting an effective, climate-neutral infrastructure in European cities as well as increase collaboration with the logistics sector.
Commenting on the announcement, MyFlexBox co-CEO, Jonathan Grothaus, said:
“This investment puts us on the European stage. Stakeholders who want to build the smart cities of the future and minimise CO2 emissions in the cities in the long term will not be able to avoid our solution for inner-city logistics.”
Meanwhile, STAR Capital Partner Philipp Mensch, added:
“The focus on an open smart locker network in combination with clever software solutions creates a highly efficient logistics infrastructure for customers and parcel service providers, which enables a reduction in CO2 and inner-city traffic.”
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Call to action – Out of Home delivery in Europe 2023 report
The Last Mile Experts team, together with partner Analysys Mason, invite you to participate in a project aimed at presenting the latest information on European OOH networks – PUDO points and APMs.
The goal of the third edition of our Out of Home delivery in Europe report is to present data on the development of PUDO and APM networks supporting an environmentally friendly methods of last mile delivery. Since the first edition of our report in 2021, many European (EU & UK) carriers and operators have shared information with us about the number of PUDO and APM points.
However, there is a sizable group that has not provided us with data until now, and those we have presented have come from available press materials, interviews and website information. Every year there are also new networks that are just entering the OOH delivery business. So we invite everyone who has not yet submitted their data to participate (for free) in our project this year.
You can get more information and an simplified application form by writing to info@lmexpert.com. We are collecting data for the report up to and including February 17, 2023.
For those who have not yet had the opportunity to read the previous editions of the reports, you can do so here and become acquainted with its concept and what it strives to achieve. You can also find more information via Linkedin.
Thank you from Last Mile Experts and the Analysys Mason team.
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