Tech Company Financing Transactions
MYFLEXBOX Funding Round
On 2/15/2023, MYFLEXBOX raised $79.5 million in funding from Star Capital and Salzburg AG.
Transaction Overview
Company Name
Announced On
2/15/2023
Transaction Type
Venture Equity
Amount
$79,544,000
Round
Undisclosed
Investors
Star Capital (Lead Investor)
Proceeds Purpose
The focus on an open smart locker network, in combination with clever software solutions, creates a highly efficient logistics infrastructure for customers and express parcel service providers that enables a reduction in CO2 and inner-city traffic.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Bayerhamerstraße 16
Salzburg, 5020
Austria
Salzburg, 5020
Austria
Phone
Undisclosed
Website
Email Address
Overview
MYFLEXBOX is a smart city company working throughout Europe to minimise delivery services' contribution to traffic chaos and reduce the last-mile carbon emissions caused by failed home deliveries. With MYFLEXBOX, end customers can receive, send and return parcels and goods on a convenient, automated, 24/7 basis. Since its founding in 2018, the last-mile specialist has established itself as the biggest provider-agnostic smart locker network in the German-speaking DACH region. The smart lockers stand out as efficient, round-the-clock alternatives to 'traditional' parcel shops and underpin the megatrend that is out-of-home delivery.
Management Team
Title
Name
Email & Social
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