SoftBank’s Vision Fund 2 led a round to feed the fulfilment platform’s expansion plans.

Telecommunications and internet group SoftBank’s Vision Fund 2 led a $177m series C round yesterday for Netherlands-based e-commerce shipping platform Sendcloud.

Private equity firm L Catterton and technology investment firm HPE Growth filled out the round.

Sendcloud runs a platform for online merchants to connect to logistics companies to pick the optimal service for a specific delivery.

It will use the funding to expand its geographical footprint and grow its team from 400 to around 650 over the next year.

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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