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6 July 2021 - PRESS RELEASE
Mouro Capital, a venture capital fund focused on fintechs and adjacent businesses and backed by Banco Santander, has led a €16 million ($19 million) Series B funding round in the tech-driven digital logistics and fulfilment platform byrd. Other investors were Verve Ventures, Speedinvest, Rider Global and VentureFriends.
byrd, founded in Vienna (Austria) in 2016 and now the leading independent e-commerce platform in Europe, will use the funding to expand its fulfilment network into five new geographies in eastern, northern and southern European markets. Funding will also go towards hiring talent and scaling offices already serving existing markets in Austria, France, Germany, and the UK. byrd’s growing workforce is anticipated to double to 200 by the end of the year as the company plans to hire across all departments and offices.