Arive raises €18.0M Series A round

10 January 2022· Munich, Germany· e_commerce, quick_commerce, marketplace, b2c, pure_software, logistics

The new funding will help the company to expand its shopping model to Europe, starting with London and Paris, as well as across Germany. Arive also plans to double its team size and continue connecting and integrating premium retail stores to offer a better range of products.

Investors

LeadBalderton Capital
Also participating
468 CapitalGlobal Founders CapitalLa FamigliaBurda Principal Investments

About Arive

Stage
Series A
Headquarters
Munich, Germany
Founded
2021
Team Size
51–200
Sectors
e_commercequick_commercemarketplaceb2cpure_softwarelogistics

Source: https://www.balderton.com/news/arive-raises-20m-series-a-2016/