Poste Italiane has taken part in a $27.2m round for the last-mile delivery service having already launched a strategic partnership in January.

Italy-based supply chain software developer Milkman secured €25m ($27.2m) from investors including postal service and financial services provider Poste Italiane on Friday.

Venture capital firms 360 Capital and P101 also participated in the round, as did asset management firm Vertis and Italia500, a joint venture between asset manager Azimut and P101. It brought the company’s total funding to roughly $38m.

Founded in 2015, Milkman runs an online logistics platform that allows last-mile delivery services to be booked on demand. Users…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.