Tag «instabox»

Instabox Netherlands filed for bankruptcy

Challenger in the Dutch parcel market Instabox Netherlands (and Red Je Pakketje) has been declared bankrupt. However, an internal email reveals that the company will soon have a consultation with staff and the appointed trustee Mr. Voermans. The parent company Instabox was founded in 2015 in Stockholm and operates the most extensive network of parcel …

Swedish tech startup Instabox secures venture capital deal

Swedish logistics disruptor Instabox raised €36M funding; pushing its valuation to €100M. The investment round was led by Creades, a Swedish investor and London-based credit specialist CORDET. The new fund will be used to fuel further expansion of its smart parcel lockers in both the existing and new European markets. Also, it will focus on growing the …