Herbst Kinsky advises byrd on its EUR 16 million Series B round
Herbst Kinsky has advised byrd in the course of its EUR 16 million Series B financing round. The round was led by Mouro Capital, the VC arm of Santander Bank. With Speedinvest, Rider Global, Venture Friends and Verve Ventures also some of the existing investors participated in the current round.
byrd is a logistics company founded in Vienna in 2016 which was originally associated with the i²c incubator of the Vienna University of Technology. The start-up provides an e-commerce fulfilment platform that is used in particular by online stores. The fresh capital will be used, amongst others, to further develop the existing markets of Austria, Germany, France and Great Britain and to expand into new markets. The number of employees shall also to be doubled to around 200.
Florian Steinhart, Partner at Herbst Kinsky: “Congratulations to the entire byrd team on this great financing round. We look forward to the future of byrd with great anticipation.”