DB Schenker announces an investment into Warehousing1, an e-commerce fulfilment platform provider based in Berlin, Germany. The funding is the first venture capital activity of Schenker Ventures, from its holistic venturing department. Schenker Ventures joins the Warehousing1 Series A round, alongside other venture capital firms with experience in scaling e-commerce and LogTech businesses.
Warehousing1 offers retailers an online platform to find suitable warehousing space and fulfilment services quickly and easily. The four-year old start-up groups together the offering of small and medium-sized logistics companies into one core network. Via the Warehousing1 platform, e-commerce companies can digitally manage its fulfilment and flexibly scale up its logistics as needed. Warehousing1 states its focus is on young, fast-growing D2C brands.
DB Schenker states that it will provide Warehousing1 with access to subject matter experts for e-commerce retail and consumer goods, warehouse operations and IT infrastructure.
The other investors along with Schenker Ventures are Aster Capital, Wille Finance, HV Capital and Base10 Partners. In total, Warehousing1 is backed with over €10m. The shareholders have agreed not to publish individual share sizes.
Source: DB Schenker