POELLATH advised Warehousing1 on the deal.
Warehousing1, a Berlin-based logistics start-up for efficient e-commerce fulfillment founded in 2018, has successfully closed a Series A funding round with more than EUR 10 million.
In addition to the three new investors, Schenker Ventures in Essen, Aster Capital in Paris and Wille Finance in Zurich, existing investors HV Capital in Munich and Base10 Partner in San Francisco have also further increased their investment.
Warehousing1 offers fast-growing e-commerce brands end-to-end fulfillment services through its extensive partner network with locations in Germany, Europe and the US. To this end, the start-up offers everything from warehousing and consignment to various value-added services and handles the services through a decentralized partner network with international reach. Warehousing1 thus enables integrations of various store systems with warehouse management systems and digitizes the management of the entire fulfillment process, even for systems and system combinations for which the digital control options were previously limited.
The Poellath team included Christian Tönies (Picture – partner, M&A/VC), Dr. Sebastian Gerlinger (counsel, lead, M&A/VC) and Markus Döllner (senior associate, M&A/VC).
Law Firms: P+P Pöllath + Partners;