Czech logistics startup Grid.online lands €4M after growing del…

In emerging news, logistics & Transportation Czech logistics startup Grid.online lands €4M after growing deliveries 10× in a year The company’s shared courier infrastructure has surpassed one million deliveries, attracting backing from DFF Ventures, Movens Capital, and former Wolt executives. Logistics & Transportation Czech logistics startup Grid.online lands €4M after growing deliveries 10× in a year The company’s shared courier infrastructure has surpassed one million deliveries, attracting backing from DFF Ventures, Movens Capital, and former Wolt executives.Cate Lawrence 33 minutes ago Share Facebook Twitter Linkedin Share Send email Copy link Grid.online, the Czech company building shared infrastructure for first- or last-mile parcel delivery, has raised €4 million after scaling parcel volumes more than 10× in its first year, surpassing 1 million deliveries through the network.  The round is led by Amsterdam-based DFF Ventures and co-led by Polish fund Movens Capital, with participation from angel investors from the early team of Finnish delivery unicorn Wolt and continued backing from existing investors Reflex Capital and J&T Ventures.Last-mile delivery is going through the deepest structural change in a generation.Key players Hidde Hoogcarspel, Founding Partner, DFF Ventures, admits, "We said we would not invest in logistics, especially last-mile, but the model of the grid changed our mind." "Most early-stage logistics companies grow by spending. Looking AheadFor complete details on this development, refer to the original report from Tech.eu. Frequently Asked Questions