Fundz

Spanish Package Delivery And Courier Firm Paack Closes A 'More Than €40 Million' Funding Round

PRIVATEJul 28, 2023

Amount Raised

€40 Million

Round Type

Funding Round

BarcelonaSoftware

Investors

SoftbankInfravía Capital

Description

It has been reported that Spanish package delivery and courier firm, Paack, has completed a funding round of more than €40 million - it is suggested the funding is almost an even split of capital and debt funding. Reporting the news La Información said that Infravía Capital had ‘significant weight in the transaction’ – it was previously involved in a round which Softbank led

Quick answer

Paack raised €40 Million in a Funding Round round, dated July 28, 2023. Investors: Softbank and Infravía Capital. Paack is based in Barcelona, Catalonia, Spain.

How much did Paack raise?
Paack raised €40 Million in a Funding Round round on July 28, 2023.
Who invested in Paack?
Softbank and Infravía Capital are named as investors in this round.
What does Paack do?
Paack offers last-mile and mid-mile deliveries for e-commerce and retailers, providing scheduled same-day and next-day deliveries with a flexible choice of customer-tailored time slots.
Where is Paack based and how big is it?
Paack is based in Barcelona, Catalonia, Spain.
Who are the decision-makers at Paack?
Fundz holds 1 contact at Paack. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Paack that raised within 45 days of this round, from Fundz verified event records.

  • Iterate.ai raised $1.1M (Seed) on September 11, 2023.
  • entigenlogic raised $400K (Seed) on September 11, 2023.
  • Perfios raised $229M (Funding Round) on September 11, 2023.
  • VectorZero raised $3.5M (Seed) on September 10, 2023.
  • Getir raised $500M (Funding Round) on September 8, 2023.
  • CLARA Analytics raised $24M (Series C) on September 8, 2023.

Who to call at Paack, and when

A new round usually means Paack is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Paack

Location

Barcelona, Catalonia, Spain

About

Paack offers last-mile and mid-mile deliveries for e-commerce and retailers, providing scheduled same-day and next-day deliveries with a flexible choice of customer-tailored time slots. We currently operate in Spain, France, Portugal and Italy offering coverage in over 100 European cities. Our vision is to lead sustainable e-commerce deliveries in Europe. For this reason, our strategy is focused on reducing our carbon footprint and contributing in a friendly way to the environment, making steps toward our commitment to achieve carbon net-zero by 2030. Our mission is to achieve the best sustainable delivery experience. Therefore, our technological solutions are increasingly focused on customer convenience, making it possible to optimize processes and ensure service scalability. In addition, Paack also has the Paack Food division aimed at supermarkets, restaurants, producers, and companies that require temperature-controlled food transportation with sustainable scheduled delivery.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.