Herbst Kinsky advises byrd on its EUR 5 Mio Series A financing round
Herbst Kinsky advises byrd technologies GmbH on its Series A financing round in the amount of EUR 5 mio. Besides Rider Global as lead investor, VentureFriends and FJ Labs as new investors as well as some existing investors (e.g. Speedinvest and Reflex Capital) participated in the round.
byrd is a Viennese logistics start-up founded in 2016, which was originally located in the i²c incubator of the Vienna University of Technology. The start-up has developed an app that enables private and corporate customers to send items with a click. byrd now has grown to around 60 employees and is represented in Austria, Germany and UK. With the newly acquired capital, byrd plans in particular to further expand its fulfillment network, in the next step to France and the Netherlands.